Exchange Offer Final Results

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n\n22 April 2024\n \nNOT FOR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.\n \nThis announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.\n \nThe information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain.\n \nManufacturer target market (MIFID II and UK MiFIR product governance) will be eligible counterparties and professional clients only (all distribution channels). No PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or the United Kingdom.\n \nGlobalworth Real Estate Investments Limited\n(\"Globalworth\" or the \"Company\")\n \nExchange Offer Final Results Announcement\nCapitalised terms used in this announcement, but not defined, have the meanings given to them in the Company's announcement on 28 March 2024.\n \nFurther to its announcements on 28 March 2024 and 10 April 2024, Globalworth announces final results following the expiration of the Expiration Deadline with respect to its outstanding Exchange Offer. Holders of approximately €381 million of 2025 Notes in aggregate principal amount (accounting for approximately 85% of the outstanding 2025 Notes) and holders of approximately €345 million of 2026 Notes in aggregate principal amount (accounting for approximately 86% of the outstanding 2026 Notes) have validly offered to exchange their Existing Notes in the Exchange Offer as of the Expiration Deadline. As a result, the Extraordinary Resolutions were passed today with over 99% of the votes cast in each Meeting. The Company also announced today the satisfaction of: (i) the Minimum Participation Conditions; (ii) the Covenant Amendment Consent Conditions; and (iii) the Mandatory Exchange Consent Conditions. The settlement of the Exchange Offer and the issue...

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