STEINHOFF INTERNATIONAL HOLDINGS N.V.
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous
STEINHOFF - NOTICE OF REQUEST FOR WRITTEN CONSENT OF DMTN NOTEHOLDERS TO REDEEM NOTES Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group") Shareholders are referred to the Company's announcement dated 18 January 2018 and more particularly the measures being undertaken to manage the redemption of some of the financial indebtedness in South Africa. In this regard, Steinhoff Services Limited, a wholly owned indirect subsidiary of the Company ("Services") and issuer of the ZAR15,000,000,000 Domestic Medium Term Note Programme (the "Programme") today sent a notice to holders of its Notes under the Programme (the "Noteholders") requesting written consent from the Noteholders to reduce the maturity date to 23 February 2018 (the "Amended Maturity Date") (the "Consent") by amending the terms of the Programme. The Noteholders are required to provide the Consent by no later than 17h00 on 20 February 2018 in accordance with the terms and conditions of the Programme. Should the Consent be obtained from the requisite majority of the Noteholders, Services will proceed to redeem the capital outstanding under the Programme amounting to ZAR7,600,000,000 together with any accrued interest thereon on the Amended Maturity Date, such redemption will be made out of funds available within the Group's South Africa business. Shareholders and other investors in the Company are advised to exercise caution when dealing in the securities of the Group. Stellenbosch, 24 January 2018
24.01.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Steinhoff International Holdings N.V. |
| Herengracht 466 | |
| 1017 CA Amsterdam | |
| Netherlands | |
| Phone: | +27218080700 |
| Fax: | +27218080800 |
| E-mail: | investors@steinhoffinternational.com |
| Internet: | www.steinhoffinternational.com |
| ISIN: | NL0011375019 |
| WKN: | A14XB9 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |
648145 24.01.2018
