policeman
Forumer storico
il mio legale interpellato adesso per telefono:
offrono qualcosa di piu' a chi accetta??????
si potrebbe accettare con riserva notarile. tutta una complicazione che non finisce
Pyxus ex Alliance one USU0187PAH92 2021 8,5 / US018772AS22 2021 9,875
- Creatore Discussione angy2008
- Data di Inizio
offrono qualcosa di piu' a chi accetta??????
si potrebbe accettare con riserva notarile. tutta una complicazione che non finisce
corradotedeschi
Forumer storico
The Company expects to enter into certain Superpriority Secured Debtor-in-Possession
Credit Agreement (the "DIP Credit Agreement" and, together with the commitments and
extension of credit thereunder in an aggregate principal amount of USD 206,700,000,
the "DIP Facility").
On 14 June 2020, the Debtors, certain Prepetition Second Lien Holders and certain
other prepetition secured creditors of the Debtors entered into the Restructuring
Support Agreement (the "RSA"), which provides for the opportunity for each Eligible
Holder to participate in its ratable share of a portion of the DIP Facility in the
aggregate principal amount USD 180,862,500, or 87.5% of the aggregate DIP Facility.
Pursuant to the RSA, certain Prepetition Second Lien Holders and certain other
Prepetition Second Lien Holders (the "Backstop Parties") have agreed to backstop the
entirety of the DIP Facility and they and certain other Prepetition Second Lien
Holders will provide the remaining USD 25,837,500, or 12.5% of the aggregate
DIP Facility, in addition to their ratable share of the Syndicated DIP Term Loan
Commitments.
The Exit Facility sets forth the material terms for the exit term loan facility into
which the loans under the DIP Facility will be rolled upon the substantial consummation
of an Acceptable Plan.
For further information regarding the DIP Facility, please consult enclosed summary.
For additional information concerning the transactions, you may download the Notice
and Instruction Form in the Intranet (goto/docweb, object ID "65747915").
Holders who elect to participate as a lender in the DIP Facility and the Exit Facility
will be entering in to a binding legal committment with Pyxus International. If a
holder submits a committment to participate in the DIP Facility and Exit Facility but
fail to fund their interim subscription funding amount, such holder will not be
permitted to pariticipate in the DIP Facility and the Exit Facility pursuant to this
opportunity.
By consenting to participate in the opportunity, such holder will be deemed to have
consented to the conversion of their interest in the DIP Facility into an interest in
the Exit Facility in accordance with the terms of the RSA and the DIP Credit Agreement.
Eligible Holders
----------------
Only entities that are (i) either (a) persons reasonably believed to be "qualified
institutional buyers" ("QIBs"), as such term is defined in Rule 144A under the
Securities Act of 1933, as amended (the "Securities Act"), or (b) institutional
"accredited investors" within the meaning of Rule 501(a)(1), (2), (3) or (7) under the
Securities Act ("IAIs") or an entity in which all of the equity investors are IAIs,
(ii) beneficial Holders of Prepetition Second Lien Notes on the Record Date, (iii) not
the Company or an affiliate of the Company and (iv) entitled (together with any
entities under common control through common investment management and/or advisement
with such entities) to a minimum Syndicated DIP Term Loan Commitment of USD 3,500,000
as set forth in Item 2 of the Subscription Form (all such entities, collectively, that
meet the foregoing are referred to herein as "Eligible Holders") may participate in the
Opportunity. For the avoidance of doubt, natural persons shall not be Eligible
Holders. If you are not an Eligible Holder, you may not participate in the Opportunity.
Credit Agreement (the "DIP Credit Agreement" and, together with the commitments and
extension of credit thereunder in an aggregate principal amount of USD 206,700,000,
the "DIP Facility").
On 14 June 2020, the Debtors, certain Prepetition Second Lien Holders and certain
other prepetition secured creditors of the Debtors entered into the Restructuring
Support Agreement (the "RSA"), which provides for the opportunity for each Eligible
Holder to participate in its ratable share of a portion of the DIP Facility in the
aggregate principal amount USD 180,862,500, or 87.5% of the aggregate DIP Facility.
Pursuant to the RSA, certain Prepetition Second Lien Holders and certain other
Prepetition Second Lien Holders (the "Backstop Parties") have agreed to backstop the
entirety of the DIP Facility and they and certain other Prepetition Second Lien
Holders will provide the remaining USD 25,837,500, or 12.5% of the aggregate
DIP Facility, in addition to their ratable share of the Syndicated DIP Term Loan
Commitments.
The Exit Facility sets forth the material terms for the exit term loan facility into
which the loans under the DIP Facility will be rolled upon the substantial consummation
of an Acceptable Plan.
For further information regarding the DIP Facility, please consult enclosed summary.
For additional information concerning the transactions, you may download the Notice
and Instruction Form in the Intranet (goto/docweb, object ID "65747915").
Holders who elect to participate as a lender in the DIP Facility and the Exit Facility
will be entering in to a binding legal committment with Pyxus International. If a
holder submits a committment to participate in the DIP Facility and Exit Facility but
fail to fund their interim subscription funding amount, such holder will not be
permitted to pariticipate in the DIP Facility and the Exit Facility pursuant to this
opportunity.
By consenting to participate in the opportunity, such holder will be deemed to have
consented to the conversion of their interest in the DIP Facility into an interest in
the Exit Facility in accordance with the terms of the RSA and the DIP Credit Agreement.
Eligible Holders
----------------
Only entities that are (i) either (a) persons reasonably believed to be "qualified
institutional buyers" ("QIBs"), as such term is defined in Rule 144A under the
Securities Act of 1933, as amended (the "Securities Act"), or (b) institutional
"accredited investors" within the meaning of Rule 501(a)(1), (2), (3) or (7) under the
Securities Act ("IAIs") or an entity in which all of the equity investors are IAIs,
(ii) beneficial Holders of Prepetition Second Lien Notes on the Record Date, (iii) not
the Company or an affiliate of the Company and (iv) entitled (together with any
entities under common control through common investment management and/or advisement
with such entities) to a minimum Syndicated DIP Term Loan Commitment of USD 3,500,000
as set forth in Item 2 of the Subscription Form (all such entities, collectively, that
meet the foregoing are referred to herein as "Eligible Holders") may participate in the
Opportunity. For the avoidance of doubt, natural persons shall not be Eligible
Holders. If you are not an Eligible Holder, you may not participate in the Opportunity.
corradotedeschi
Forumer storico
sembrerebbe che offrano qualcosa in piu' solo agli ELEGIBLE HOLDER!!!!!!!!!!!
policeman
Forumer storico
SE,ripeto SE offrono qualcosa di piu' è illegale."Distinction between 2 contenders" ti confirmerà il tuo legale
corradotedeschi
Forumer storico
Any Eligible Holders who wish to participate in the opportunity have to complete
several forms which have to be forwarded with the enclosed enclosed form. For further
information, please consult the enclosure (Paperwork). Furthermore, any holders who
wish to participate must disclose the name of the beneficial holder.
Without your instructions until 24 June 2020, 10.00 a.m., we shall take no action on
your clients' behalf.
Please note that any instructions are not valid unless all required documents are
provided, duly completed and signed.
several forms which have to be forwarded with the enclosed enclosed form. For further
information, please consult the enclosure (Paperwork). Furthermore, any holders who
wish to participate must disclose the name of the beneficial holder.
Without your instructions until 24 June 2020, 10.00 a.m., we shall take no action on
your clients' behalf.
Please note that any instructions are not valid unless all required documents are
provided, duly completed and signed.
corradotedeschi
Forumer storico
With reference to your communication I/we would like
□ to participate in the DIP Facility with USD ............. principal amount
Name of the beneficial holder: ...................................................
IMPORTANT: Eligible Holders have to enclose all necessary forms.
Confirmation:
-------------
I/we confirm that I am / we are not subject to any legal restriction in my/our
country to participate in this transaction.
□ to take no action in this matter for USD ............. principal amount
Date: Signature:
□ to participate in the DIP Facility with USD ............. principal amount
Name of the beneficial holder: ...................................................
IMPORTANT: Eligible Holders have to enclose all necessary forms.
Confirmation:
-------------
I/we confirm that I am / we are not subject to any legal restriction in my/our
country to participate in this transaction.
□ to take no action in this matter for USD ............. principal amount
Date: Signature:
policeman
Forumer storico
non sono ancora ottimista.quindi ciaone ai bond (compresi i miei)?
un saluto particolare a policeman, inguaribile ottimista
Dobbiamo aspettare la prima udienza e vedere cosa dicono l'avvocati che rappresentano i class action possesori dei bonds.hanno già definito
PYXUS,a defrauding company,ed altro.
WAIT MY FRIEND
Similar threads
