18 декабря 2009
Корпоративное действие Moscow River B.V. 12.0000 20/03/11 — loan event
| Corporate action number | CA000002519010 | |
| Security | MOSCOW RIVER B.V. 12.0000 20/03/11 | |
| ISIN | XS0292499620 | |
| Corporate action description | Information source: Trustee, Deutsche bank, London The trustee seeks the directions of the holders of the notes (the ’noteholders’) as set out below. In each case, the trustee requires written directions from noteholders representing at least one half (50percent) in principal amount of the notes outstanding and will require to be indemnified and/or secured, including Pursuant to the terms of the guarantees, each guarantor has undertaken to the lender that, whenever the borrower does not pay any amount when due under the loan agreement, it shall immediately on demand by the lender pay such amount to the lender as if it were the principal obligor. The trustee is not aware of the issuer having made any such demand in its capacity as lender and has written to the issuer to request clarification on this. the trustee has the power to serve such a demand in the issuer’s name pursuant to clause 5.4 of the supplemental trust deed dated 20 march 2007. In the event that the issuer has not yet served a demand, the trustee seeks directions as to whether noteholders require it to serve a demand in the issuer’s name under each of the guarantees in respect of the loan event of default. pursuant to condition 7.2.1, upon the occurrence of a loan event of default that has not been remedied or waived, the issuer (unless otherwise directed by the trustee and/or a resolution of the noteholders) is obliged to deliver as soon as practicable to the borrower a loan event of default notice, declaring all amounts payable by the borrower under the loan agreement to be immediately due and payable. the trustee is not aware of the issuer having delivered a loan event of default notice and has written to the issuer to request clarification on this. the trustee seeks directions as to whether noteholders require the trustee to either: Notify the issuer of its failure to comply with the obligation set out at condition 7.2.1 and require the issuer to remedy such failure within 30 days, or such longer period as the trustee may permit, of the trustee’s notice by delivering a loan event of default notice,. upon the expiry of such period, if the issuer has still not delivered a loan event of default notice, this would constitute an event of default under condition 10.1.2 of the notes, Direct the issuer not to deliver a loan event of default notice until further notice, or deliver a loan event of default notice in the issuer’s name to the borrower forthwith, pursuant to the trustee’s powers under clause 5.4 of the supplemental trust deed dated 20 march 2007. This corporate action notification does not constitute an offer to sell or the solicitation of an offer to buy any securities by anyone in any jurisdiction. it is not, and should not be construed or treated as, investment or financial advice. in providing this information, alfa-bank is not acting as agent of the issuer. by sending an instruction, you confirm to alfa-bank that you (and any beneficial owner(s) for whom you act) comply with the terms and conditions of the offer. |
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| Instruction deadline | One working day before: | No information |
| Additional documentation | yes | |
| For additional information please contact your account manager | ||
| Information provided by Euroclear Bank S.A./N.V. | ||