Fund Information / Factsheet • Oct 7, 2008
Fund Information / Factsheet
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CAYMAN ISLANDS, October 7, 2008 — Liberty Acquisition Holdings (International) Company (NYSE EURONEXT: LIAC) (the "Company") announced today that the underlying assets of its trust account consist of a French treasury bill, a German treasury bill and commercial paper issued by the European Investment Bank, Oesterreichische Kontrollbank and Bank Nederlandse Gemeenten. The balance in the Company's trust account as of September 30, 2008 was €602,434,866.
The European Investment Bank was created by the Treaty of Rome in 1958 as the long-term lending bank of the European Union. Oesterreichische Kontrollbank acts as the sole agent of the Republic of Austria for the administration of guarantees issued by the Republic covering commercial, political and foreign exchange risks in connection with Austrian exports and provides medium and long-term financing to Austrian banks and foreign importers for export transactions. Bank Nederlandse Gemeenten is owned 50% by the Dutch state and 50% by the Dutch municipalities and provinces. The Company's investment in commercial paper issued by Oesterreichische Kontrollbank is guaranteed by the Austrian government.
The Company's investment advisor is Goldman Sachs. The Trustee of the Company's trust account is Continental Stock Transfer and Trust Company. The Company, the Trustee of the trust account and the Company's investment advisor are closely monitoring the trust's holdings in this volatile market environment and expect to take whatever actions are deemed appropriate with respect to protecting and preserving the assets contained in the Company's trust account.
Liberty Acquisition Holdings (International) Company is a blank check company formed for the purpose of effecting a business combination with one or more operating businesses. The Company completed its initial public offering of 60,000,000 units at €10.00 per unit in February, 2008. Each unit was comprised of one ordinary share and one warrant to purchase one ordinary share.
This press release may contain certain forward-looking statements, including statements with regard to the future performance of the Company. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements inherently involve certain risks and uncertainties that are detailed in the Company's filings with the Netherlands Authority for the Financial Markets (AFM). The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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