To view the PDF file, sign up for a MySharenet subscription.

CONSOLIDATED INFRASTRUCTURE GROUP LIMITED - Extended waiver and debt standstill

Release Date: 29/03/2019 13:55
Code(s): CIL     PDF:  
 
Wrap Text
Extended waiver and debt standstill

CONSOLIDATED INFRASTRUCTURE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/004935/06)
JSE share code: CIL ISIN: ZAE000153888
("CIG" or "the Company" or "the Group")

EXTENDED WAIVER AND DEBT STANDSTILL

In this announcement, reference to the "Funders" means the banks providing funding to the Group who are 
parties to the Common Terms Agreement which CIG entered into with them in or about May 2016, and the 
persons holding notes issued by CIG in terms of its Domestic Medium Term Note Programme, represented by 
funds and asset managers who between them represent more than 90% of the notes by value.

Shareholders are referred to the SENS announcements released on 15 February 2018 and 28 November 2018,
whereby the Funders had agreed to an extended waiver period to 31 March 2019 and an extension of the maturity
dates of certain of the outstanding notes to 1 April 2019.

Shareholders are advised that the Group has reached agreement with its Funders to further extend the waiver 
period to 30 April 2019, with a view to implementing a more permanent funding structure thereafter. The maturity 
dates of certain of the outstanding notes (CIG04 and CIG06) have accordingly been extended to 2 May 2019.

29 March 2019

Sponsor

Java Capital

Date: 29/03/2019 01:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story