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Pacific Rubiales Announces Consent Solicitation to Amend Senior Notes
Pacific Rubiales Announces Consent Solicitation to Amend Senior Notes.
About this update from Prestige Cars International, Inc.
[{"type":"text","content":"\n\n\n\nPacific Rubiales Announces Consent Solicitation to Amend Senior Notes\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prngen2{\nBORDER-BOTTOM:1pt; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prntblns{\nBORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt\n}\n\n\n\n\n\n\nPacific Rubiales Announces Consent Solicitation to Amend Senior Notes\nCanada NewsWire\nTORONTO, May 21, 2015\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\n\n\nTORONTO, May 21, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced today that it has commenced consent solicitations in connection with the Arrangement Agreement (as defined below) with respect to proposed amendments to the indentures governing its senior notes listed below (collectively the \"Notes\"), upon the terms and subject to the conditions set forth in the Consent Solicitation Statement, dated May 21, 2015 (the \"Statement\"):\n\n\n\n\nSeries of Notes\n\n\nCUSIP (144A)\n\n\nCUSIP (Reg S)\n\n\nOutstanding Principal Amount\n\n\n\n\n\n\n\n\n5.375% Notes due 2019\n\n\n69480UAH0\n\n\nC71058AD0\n\n\nU.S.$1,300,000,000\n\n\n\n7.25% Notes due 2021\n\n\n69480UAC1\n\n\nC71058AB4\n\n\nU.S.$690,594,000\n\n\n\n5.125% Notes due 2023\n\n\n69480UAF4\n\n\nC71058AC2\n\n\nU.S.$1,000,000,000\n\n\n\n5.625% Notes due 2025\n\n\n69480UAK3\n\n\nC71058AF5\n\n\nU.S.$1,113,651,000\n\n\nThe Company is soliciting consents from holders of record of each series of Notes as of 5:00 p.m. (New York City time) on May 20, 2015 (the \"Record Date\") to certain proposed amendments (the \"Proposed Amendments\") to each of the indentures governing the Notes (the \"Indentures\"). Subject to the terms and conditions set forth in the Statement, the Company will pay holders who validly deliver (and d...