Novità da atu del 13/11
Note
On October 24, the company announced that it had reached an agreement in principle with its
largest lender Centerbridge in relation to a financial restructuring of the company.
The agreement describes the fundamental economic framework for a comprehensive deleveraging
of the company’s balance sheet. Funds managed by Goldman Sachs Investment Partners, another
significant creditor, have also expressed its support for the company’s restructuring.
Before the financial restructuring is implemented, in order to identify whether the preliminary
agreement is the best solution for the company and its stakeholders, Lazard has been engaged to
undertake a process whereby it is inviting any offers for the group as part of an M&A sales process,
which is a follow-on to that undertaken by JPMorgan in 2012. All expressions of interest and offers
are invited.
Noteholders may also participate in the sale process. Any such sale or offer to sell will be made
only to qualified noteholders pursuant to a customary sale and diligence process. If you, as a
noteholder, would like more information on how to participate in the sale process, please contact
Lazard (see details below). The deadline to express an interest and put forward a non-binding offer
is 22nd November 2013.
This announcement is for information only and does not constitute an offer to sell or issue or the
solicitation of an offer to buy or subscribe for securities in the United States or any other
jurisdiction. This announcement is not a public offering or an offer of securities to the public in any
European Economic Area member state that has implemented directive 2003/71/EC (together with
any applicable implementing measures in any member state).
Contact:
Please direct any and all questions you may have regarding the guidelines for submitting your
Indicative Offer or any other matter related to this process to the following individuals at Lazard:
Christof Söndermann
Director
Tel: +49 69 1700 73221
[email protected]
Riccardo Villa
Vice President
Tel: +44 20 7187 2997
[email protected]
Lazard & Co., Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting
exclusively as financial adviser to, inter alia, the Company and will not be responsible to anyone other than its clients for
providing the protections afforded to clients of Lazard & Co., Limited nor for providing advice in relation to any transaction
involving the Company or any other matters referred to in this announcement. Neither Lazard & Co., Limited nor any of its
affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in
tort, under statute or otherwise) to any person who is not a client of Lazard & Co., Limited in connection with this
announcement, any statement contained herein or otherwise.