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Trevi Fin Industriale
Regulatory Filings • May 2, 2019
4302_agm-r_2019-05-02_c39ebfff-158e-49fc-a96e-d914831d3ef4.pdf
Regulatory Filings
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| Informazione Regolamentata n. 0262-25-2019 |
Data/Ora Ricezione 02 Maggio 2019 20:42:39 |
MTA | |
|---|---|---|---|
| Societa' | : | TREVI GROUP | |
| Identificativo Informazione Regolamentata |
: | 117853 | |
| Nome utilizzatore | : | TREVIN02 - Cocco | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 02 Maggio 2019 20:42:39 | |
| Data/Ora Inizio Diffusione presunta |
: | 02 Maggio 2019 20:42:40 | |
| Oggetto | : | Trevi S.p.A._PR_Bondholders__Meeting May 2, 2019. |
|
| Testo del comunicato |
Vedi allegato.
AMENDMENTS TO THE TERMS AND CONDITIONS OF THE «TREVI-FINANZIARIA INDUSTRIALE S.P.A. 5,25% 2014 – 2019» BOND
Cesena, May 2, 2019 - The Bondholders' Meeting of the «TREVI-FINANZIARIA INDUSTRIALE S.P.A. 5.25% 2014 - 2019» Bond, ISIN CODE IT0005038382 , held today on second call, approved the granting of waivers and certain amendments to the terms and conditions of the Bond (the "Terms and Conditions") in order to adapt the relevant provisions to the current situation of the Company and the Business Plan, thus contributing to the Company's financial structure restructuring.
In particular, the waiver of the exercise of certain rights pursuant to the Terms and Conditions and the amendments to the same form part of the overall transaction for the recapitalization of the Company and the restructuring of the Trevi Group's debt, already disclosed to the market (see the press release published by the Company on December 19, 2018, available on the Company's website at www.trevifin.com, under the Investor Relations/Press Releases section) (the "Transaction").
The amendments to the Terms and Conditions concern, inter alia, the maturity date of the Bond, the rescheduling of the interests and the redefinition of certain undertakings and material events (Eventi Rilevanti) to align them to the current situation of the Company and the new Business Plan.
The effectiveness of the amendments to the Terms and Conditions is subject to the condition subsequent of the failure to obtain the homologation pursuant to Article 182-bis of the Bankruptcy Law in relation to the Restructuring Agreement and the failure of the closing of the Transaction within December, 31, 2019.
The Terms and Conditions, as amended following the resolution of the Bondholders' Meeting, are available on the Company's website at http://www.trevifin.com/en/bondholders-meeting.
Lastly, it should be noted that the appointment of a common representative of the Bondholders referred to in the first point of the agenda was not carried out due to the failure of the required voting quorum.
The minutes of the Bondholders' Meeting and the summary statement of the votes cast will be made available to the public in the manner and within the term provided by the law.
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About Trevi:
Trevi Group is a worldwide leader in the field of soil engineering (special foundations, tunnel excavation, soil consolidation and the building and marketing of special rigs and equipment relevant to this engineering sector); the Group is also active in the drilling sector (oil, gas and water) both in the production of plant and the supply of services, and it also builds automated underground car parks. The Group was established in Cesena in 1957 and today has more than 30 branches and is present in over 80 countries. Its success is due to the vertical integration of the main divisions making up the Group: Trevi, the division that supplies special services in the field of soil engineering, Petreven, the oil drilling division of the Group, Soilmec, the division that produces and develops plant and machinery for soil engineering and Drillmec the division that produces and develops drilling rigs (oil, gas and water). The parent company has been listed on the Milan stock exchange since July 1999.
For further information:
Investor Relations: Francesca Cocco – e-mail: [email protected]
Group Communications Office: Franco Cicognani - e-mail: [email protected] – tel: +39/0547 319503
Press Office: Community - Strategic communication advisers – T. +39 02 89404231
Auro Palomba - [email protected]
Roberto Patriarca – (T. +39 335 65 09568) - Roberto.patriarca@communitygroup.