Fantasia Holdings Group Co. Ltd. · HKEX:1777
Fantasia — Debt Investor Presentation (March 2023)
13 slides from Fantasia's debt investor presentation, Mar 31, 2023
Slide 1: Subject to Change and Contract
Subject to Change and Contract
Slide 2: Fantasia Holdings Group Co., Limited Investor Presentation
Subject to Change and Contract Fantasia Holdings Group Co., Limited Investor Presentation March 2023 2
Slide 3: Restructuring Framework
Subject to Change and Contract Restructuring Framework The scope of the Proposed Restructuring via Schemes of Arrangement will include the following: The outstanding principal amount of the Existing Notes issued by Fantasia Holdings Group Co., Limited (the “Company”) (the “Existing Notes”) The
Slide 4: Illustrative Transaction Structure for Scheme Creditors
Subject to Change and Contract Illustrative Transaction Structure for Scheme Creditors The Proposed Restructuring allows the Company to achieve a long-term, sustainable capital structure to de-risk operations and unlock value for all stakeholders while providing it with sufficient time to repay it
Slide 5: Transaction Highlights
Subject to Change and Contract Transaction Highlights 1 The Company will be able to achieve significant deleveraging and attain a sustainable capital structure through the Debt to Equity Swap while the Scheme Creditors benefit from potential equity upside 2 USD 115m of Initial New Money to be provid
Slide 6: Key Restructuring Terms (1/5)
Subject to Change and Contract Key Restructuring Terms (1/5) For ease of reference, below is a summary of certain key terms of the Term Sheet. Detailed terms and clarifications are provided in the Scheme Documents, which should serve as the main basis of reference Summary of Terms Scope of the The
Slide 7: Key Restructuring Terms (2/5)
Subject to Change and Contract Key Restructuring Terms (2/5) Summary of Terms Application of Initial The Company shall apply the Initial New Money in the following order: New Money USD 25,000,000 shall be reserved to fund the Fees and Expenses The remaining Initial New Money shall be used to f
Slide 8: Key Restructuring Terms (3/5)
Subject to Change and Contract Key Restructuring Terms (3/5) Summary of Terms Debt to Equity Swap An aggregate amount of USD 1,300,000,000 of principal and interest (up to 31 Dec 2022) in respect of the Existing Debt Instruments (including, among others, any Existing Debt Instruments that may be r
Slide 9: Key Restructuring Terms (4/5) – New Notes
Subject to Change and Contract Key Restructuring Terms (4/5) – New Notes Summary of Terms Issuer Fantasia Holdings Group Co., Limited, an exempted company incorporated in the Cayman Islands with limited liability Original Issue Date The RED Guarantees Guarantees of the New Notes by the Subsidi
Slide 10: Key Restructuring Terms (5/5) – New Notes
Subject to Change and Contract Key Restructuring Terms (5/5) – New Notes Summary of Terms Cash Sweep Upon consummation of the sale of any asset listed in Schedule 2 of the Term Sheet (“Specified Asset Sale”), an amount equal to 40% of the Net Consideration shall be used for the repayment and/or re
Slide 11: Next Steps
Subject to Change and Contract Next Steps A Participating Creditor who validly holds Eligible Participating Debt (as defined in the RSA) as at the Consent Fee Deadline and still holds such Eligible Participating Debt at the Record Time (as defined in the RSA) will receive the Consent Fee in an amo
Slide 12: Disclaimer
Subject to Change and Contract Disclaimer This presentation (the “Materials”) is being communicated on behalf of Fantasia Holdings Group Co., Limited (the “Company”, and together with its subsidiaries, the “Group”) to recipients hereof (the “Recipients”). These Materials may not be relied upon for a
Slide 13: Subject to Change and Contract
Subject to Change and Contract 13
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