Metalcorp Group S.A.: Overwhelming Majority of Bondholders Approve Company's Proposals

• Metalcorp Group S.A.'s bondholders have approved all proposed resolutions recommended by the company by a large majority.
• The resolutions include the appointment of Caledonian Management Consultants Ltd as common representative, the conversion of the 2021/2026 Notes into purchase rights to subscribe for new notes, the deferral of interest payments, and an amendment to the default provisions.
• The approval was given by a qualified majority of the votes cast, with approval rates ranging from 99.75% to 99.90%.
• Bonds with a nominal value of EUR 124.003 million were represented at the meeting, which exceeded the required quorum of at least 25%.
• The resolutions passed meet the conditions for a consensual restructuring of the Metalcorp Group, which is expected to be completed in February 2024.
• Metalcorp Group is a diversified global service provider in the metals and minerals industry, with business activities divided into the Aluminium and Bulk and Ferrous Sub-Group and the Metals & Concentrates Sub-Group.

Metalcorp Group Unternehmensanleihe 8,50 % bis 06/26

-5,00 %

-24,00 %

+80,95 %

+46,15 %

+179,41 %

-96,20 %

-96,20 %

-96,20 %

-96,20 %

ISIN:DE000A3KRAP3WKN:A3KRAP

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