The New Money Notes bear interest at 20.0% p.a., of which 10.0% p.a. is payable quarterly in cash, and 10.0% p.a. is capitalised and paid on maturity or upon an early redemption. All amounts payable under the New Money Notes are guaranteed by FERRALUM and are secured, inter alia, by a pledge of all shares in FERRALUM, BAGR Non-Ferrous Group GmbH and NEW INDI Sub S.à r.l., each in the form of a first-ranking lien. The New Money Notes will be issued against payment of a cash subscription price of EUR 0.80 per New Money Note. The subscription rights can only be exercised uniformly in the form of so-called units at a ratio of 4:1 (i.e. for every four New Money bonds, investors receive one HoldCo share). Noteholders do not have the option of subscribing only for New Money Notes without also subscribing for HoldCo Shares and vice versa.