NOBLE GROUP LIMITED NOBLE GROUP HOLDINGS LIMITED
(Incorporated in Bermuda with limited liability)
Bond Interest Payment Announcement
Noble Group Holdings Limited ("NGHL" and together with its subsidiaries, the "NGHL Group") announces interest payments-in-kind("PIK") on bonds issued by its subsidiary, as detailed below.
Noble New Asset Co Ltd Senior Secured PIK Notes due 2024
Total Nominal | ||||||
Interest | Nominal Amount | PIK Amount | Amount after | |||
ISIN | Rate | From | To | Outstanding | PIK on | |
(US$) | ||||||
(% p.a.) | (US$) | 20/12/2022 | ||||
(US$) | ||||||
XS1912617393 | 12.00% | 20/6/2022 | 20/12/2022 | 345,559,210.00 | 20,733,553.00 | 366,292,763.00 |
XS1912617633 | 12.00% | 20/6/2022 | 20/12/2022 | 148,677,929.00 | 8,920,676.00 | 157,598,605.00 |
XS1912616585 | 10.00% | 20/6/2022 | 20/12/2022 | 82,306,878.00 | 4,115,344.00 | 86,422,222.00 |
XS1912617989 | 10.00% | 20/6/2022 | 20/12/2022 | - | - | - |
XS1912616668 | 10.00% | 20/6/2022 | 20/12/2022 | - | - | - |
XS1912617120 | 10.00% | 20/6/2022 | 20/12/2022 | - | - | - |
Sub Total | 576,544,017.00 | 33,769,573.00 | 610,313,590.00 | |||
Tranche B PIK @1% as deleveraging payment of the outstanding aggregate principal amount * | ||||||
Total Nominal | Total Nominal | |||||
Deleveraging | Amount after | |||||
Amount after | ||||||
ISIN | 1% | As of | Payment | PIK on | ||
PIK on | ||||||
(US$) | 20/12/2022 | |||||
20/12/2022 (US$) | ||||||
(US$) | ||||||
XS1912617393 | 1.00%* | 20/12/2022 | 366,292,763.00 | 3,662,928.00 | 369,955,691.00 | |
XS1912617633 | 1.00%* | 20/12/2022 | 157,598,605.00 | 1,575,986.00 | 159,174,591.00 | |
Grand Total | 615,552,504.00 |
Noble Group Holdings Limited
20 December 2022
About Noble Group Holdings Limited
Noble Group Holdings Limited ("NGHL") holds two principal assets: (1) an ownership interest in an unincorporated joint venture with the Jamaican government which holds the assets, liabilities and business of Jamalco, a bauxite mining and alumina producer in Jamaica; and (2) a "look through" beneficial interest in the shares of Harbour Energy PLC (listed on the London Stock Exchange with trade ticker: HBR), an oil and gas exploration and production company.
On 7 February 2022, as part of a deleveraging and reorganisation, the ownership of Noble Trading Co Limited ("TradingCo") and its subsidiaries was transferred to a newly incorporated company called Noble Resources Trading Limited. Following that transfer, NGHL no longer has any ownership of the commodities trading business owned by TradingCo.
For more information visit www.noblegroupholdings.com
For media enquiries please contact:
FGS Global
Richard Barton / Harry Florry
Tel: +852 3166 9828
Email: noble-AP@finsbury.com
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Disclaimer
Noble Group Ltd. published this content on 23 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2022 11:04:10 UTC.
