(firmenpresse) - DGAP-News: ORCO Germany S.A. / Key word(s): Bond
ORCO Germany S.A.: Bondholders meeting held on 29 May 2012
31.05.2012 / 18:15
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Orco Germany bondholders meeting held on 29 May 2012
Paris, 31 May 2012 - The general meetings of the holders of ORCO Germany
S.A. ('OG') bonds registered under ISIN code XS0302623953 (the 'OG Bonds')
was held in Luxembourg on 29 May 2012 with approximately 92% of the total
number of the OG Bonds outstanding present or represented, constituting a
valid quorum.
The general meeting approved the sole resolution by a vote of 100% of the
votes cast. As such the payment date of the interest on the OG Bonds, that
was originally due on 30 May 2012, is now aligned to the new maturity of
the OG Bonds and is amended as follows:
A. to 31 December 2012, with immediate effect;
B. by exception to paragraph A above and provided that Orco Property
Group S.A. decides to repay the Second Payment Amount under the OCA in cash
in immediately available funds, in such case the outstanding OG Bonds shall
immediately mature at the date of such repayment and be repayable by OPG at
a price of EUR 872.04 per one OG Bond, which sum shall be deemed to include
this amended interest payment;
C. to 30 May 2050 with effect as of the date of the issuance of the OG
New Notes Consideration by Orco Property Group S.A.
As a consequence thereof, the interest on the OG Bonds shall not be paid on
30 May 2012.
End of Corporate News
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31.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: ORCO Germany S.A.
42, rue de la Vallée
L-2661 Luxembourg
Grand Duchy of Luxembourg
Phone: +49 (0)30 390 93 116
Fax: +49 (0)30 390 93 199
E-mail: patricia.jaenisch(at)orco-gsg.de
Internet: www.orcogermany.de
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, Stuttgart
End of News DGAP News-Service
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