Astaldi S.p.A. (the "Company") hereby announces its intention to proceed with a verification of the identity of the existing holders of the two bonds issued by the Company, being:
(i) the notes denominated “Euro 140,000,000 4.875 per cent. Equity-Linked Notes due 21 June 2024” (ISIN XS1634544248) governed by English law; and
(ii) the notes denominated “Euro 750,000,000 7.125% Senior Notes due 2020” (ISIN XS1000393899 e XS1000389608) governed by New York law.
The above is in order to coordinate the communications with the same bondholders in view of the bondholders’ meetings that will be called by the Company to vote on the composition with creditors proposal at the creditors’ meeting set to be held on 6 February 2020, following the admission of the Company to the composition with creditors proceeding on a direct going concern basis (concordato preventivo in continuità aziendale diretta) by the Court of Rome on 5 August 2019.
As provided under articles 160, 161 and 186-bis of the Italian insolvency law (Royal Decree 267/42), the composition with creditors is aimed at enabling the Company to continue carrying on its business as a going concern.
To this end, the Company, through its Information Agent Morrow Sodali S.p.A., has proceeded with the dissemination of an official letter of request for the release of information relating to the interests held in the securities referred to above as of the record date of 15 October 2019, 5:00 p.m. CET. The text of such letter of request is attached to this press release.