Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  ORCO PROPERTY GROUP    ORC   LU0122624777

ORCO PROPERTY GROUP (ORC)

557
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancials 

ORCO PROPERTY GRP : A large majority of the 2010, 2013 and 2014 OPG bondholders approve proposed restructuring transaction - Next 2012 OPG bondholder meeting to be held on 15 May 2012

04/27/2012 | 01:43pm US/Eastern
Recommend:
0
The general meetings of the 2010, 2013 and 2014 OPG bondholders held today in Luxembourg approved the terms of the restructuring transaction previously announced on April 10 and 18 (the "Joint Agreement"). As such, the minimum OPG bondholder approval requirement of the Joint Agreement has been satisfied. Altogether those three tranches would represent EUR 504 Million of equitized and exchanged bonds against new notes out of a total Safeguard liability amounting to EUR 549 Million.
As agreed with the OPG bondholder representative for the 2012 bonds, which were not represented in the Joint Agreement, representing EUR 29 Million of potentially equitized and exchanged bonds, the 2012 OPG bondholder general meeting scheduled for today was cancelled to provide additional information and time to the 2012 bondholders. A new meeting will be held on 15 May 2012 to vote on the terms of the Joint Agreement.
distributed by
Recommend :
0
React to this article
Latest news on ORCO PROPERTY GROUP
7d ago ORCO PROPERTY : OPG Major shareholding notification Kingstown decrease below 5 %
7d ago ORCO PROPERTY GROUP : Major Shareholding Notification
04/08 ORCO PROPERTY GROUP : Extraordinary General Meeting of Shareholders held on 8 Ap..
04/08 ORCO PROPERTY : Extraordinary General Meeting of Shareholders held on 8 April 20..
04/03 ORCO PROPERTY GROUP : Full Year 2013 Audited Financial report publication
04/03 ORCO PROPERTY : PR - Publication of Financial Report Full Year 2013 Audited
04/01 ORCO PROPERTY : OPG PR Facility Agreement Termination on Zlota project
04/01 ORCO PROPERTY GROUP : Facility Agreement Termination on Zlota project
03/31 ORCO PROPERTY : to sell its flagship Polish project Zlota 44, mulls other sales
03/27 ORCO PROPERTY GROUP : Full Year 2013 Unaudited Financial Information
Advertisement
Chart
Duration : Period :
ORCO PROPERTY GROUP Technical Analysis Chart | ORC | LU0122624777 | 4-Traders
Income Statement Evolution
ORCO PROPERTY GROUP : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF