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CONSOLIDATED INFRASTRUCTURE GROUP LIMITED - Extended waiver and debt standstill

Release Date: 03/05/2019 17:25
Code(s): CIL     PDF:  
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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 various SENS announcements relating to the extended waiver and debt standstill
agreement, the last of which was released on 29 March 2019 informing shareholders that the Funders had agreed to
an extended waiver period to 30 April 2019 and an extension of the maturity dates of certain of the outstanding 
notes to 2 May 2019.

Shareholders are advised that the Group has reached agreement with its Funders to further extend the waiver 
period to 31 May 2019, with a view to implementing a more permanent funding structure thereafter. 
In addition, the maturity dates of certain of the outstanding notes (CIG04, CIG05, CIG06 and CIG09U) have been 
extended to 29 July 2019.

3 May 2019

Sponsor

Java Capital

Date: 03/05/2019 05:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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