DJ Renewi plc: Notice to Noteholders - New Guarantor
Renewi plc (RWI) Renewi plc: Notice to Noteholders - New Guarantor 03-Apr-2023 / 15:16 GMT/BST
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THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY.
3 April 2023
NOTICE TO THE NOTEHOLDERS OF THE FOLLOWING NOTES ISSUED BY
RENEWI PLC (the "Issuer")
EUR75,000,000 3% guaranteed notes due 2024 (ISIN: XS2022227222) (the "2024 Notes")
EUR125,000,000 3% guaranteed notes due 2027 (ISIN: XS2353474401) (the "2027 Notes")
(together, the "Notes")
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NOTICE OF NEW GUARANTOR
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NOTICE IS HEREBY GIVEN THAT:
We refer to: i. a trust deed dated 19 July 2019 between the Issuer, the Original Guarantors (defined therein) and ApexCorporate Trustees (UK) Limited (the "Trustee") in connection with 2024 Notes (the "2024 Notes Trust Deed"); and ii. a trust deed dated 23 July 2021 between the Issuer, the Original Guarantors (defined therein) and theTrustee in connection with the 2027 Notes (the "2027 Notes Trust Deed").
In accordance with: a. in respect of the 2024 Notes, Condition 2(e) of the Terms and Conditions of the 2024 Notes and Clause 4.4of the 2024 Notes Trust Deed; and b. in respect of the 2027 Notes, Condition 2(e) of the Terms and Conditions of the 2027 Notes and Clause 4.4of the 2027 Notes Trust Deed,
by way of a supplemental trust deed to each Trust Deed dated 31 March 2023, Mineralz B.V. (the "New Guarantor") has acceded to the obligations as Guarantor and become a Guarantor under the Notes, effective as of 3 April 2023.
Information on the New Guarantor
Name of New Jurisdiction of Date of Registered Registered Address Guarantor Incorporation Incorporation Number Mineralz B.V. The Netherlands 11 October 1984 09074050 Van Hilststraat 7, 5145 RK Waalwijk
For further information please contact:
Philip Griffin-Smith
Group Company Secretary
Renewi plc
Enigma, Wavendon Business Park, Ortensia Drive, Wavendon, Milton Keynes, Buckinghamshire, MK17 8LX, United Kingdom
Company.Secretary@renewi.com
About Renewi
Renewi is a pure-play recycling company with a focus on extracting value from waste and used materials rather than disposal through incineration or landfill. The company also plays a key role in limiting resource scarcity through the creation of secondary materials, and by so doing addresses both social and regulatory trends and contributes to creating a cleaner, greener world.
Renewi's vision is to be the leading waste-to-product company in the world's most advanced circular economies. With an industry leading recycling rate of 68%, Renewi puts 8m tonnes of low carbon secondary materials back into reuse. This is a significant contribution to climate change mitigation and the circular economy. Our recycling protects virgin resources and avoids emissions of more than 3 million tonnes of CO2.
Renewi, which draws on innovation and the latest technology to turn waste into useful materials - paper, metals, plastics, glass, wood, building materials, compost and energy - employs over 6,500 people who work on 162 operating sites in 6 countries across Europe and the UK. Renewi is recognised as a market leader in Benelux and a European leader in advanced recycling.
Visit our website for more information: www.renewi.com
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ISIN: GB00BNR4T868 Category Code: MSCM TIDM: RWI LEI Code: 213800CNEIDZBL17KU22 Sequence No.: 234615 EQS News ID: 1600037 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
April 03, 2023 10:16 ET (14:16 GMT)