Amsterdam, 11 July 2017 – Following Metalcorp Group’s announcement on 15 June 2017 in relation to the EUR 22 million public buy-back of the 2013/2018 notes (ISIN DE000A1HLTD2), Metalcorp Group’s management appointed Arctic Securities as settlement agent for the implementation of the buy-back offer and decided to prolong the term of the offer until 28 July 2017.
The offer price will be EUR 1,000 (i.e. 100%) per note plus accrued interest from 27 June 2017 (including) until settlement. The offer will close on 28 July 2017 with expected settlement on 3 August 2017. The tendered 2013/2018 notes will be cancelled.
A revised offer document with the full terms and conditions of the buy-back offer will be published on Metalcorp Group’s website today.
For more information regarding the buy-back, please contact Arctic Securities:
About Metalcorp Group B.V.:
Metalcorp Group operates in two segments, ‘Steel and NF Metals Trading’ and ‘Production of Secondary Aluminium’, where the company focuses on back-to-back transactions requiring no stock-keeping, which makes its operations effectively immune to current price trends in the international commodity markets. The company maintains an international distribution network with own offices in the ferrous and non-ferrous sectors as well as 4 production facilities in Europe. Metalcorp Group B.V.’s corporate bond 2013/2018 (ISIN: DE000A1HLTD2) is listed in the basic board segment of Deutsche Börse AG’s Open Market (‘Freiverkehr’ of the Frankfurt Stock Exchange).