The payment made corresponds to the Series S bonds, issued within the framework of its judicial reorganization.
Chile.- Enjoy reported through an essential fact that, within the framework of the judicial reorganization procedure, on yesterday, Monday, February 3, the mandatory prepayment of bonds for USD43.9m was executed.
In the statement signed by the recently appointed general manager Carolina Gálvez Fuentes, the “mandatory prepayment of the Series S Bonds of Enjoy, through the delivery of series AA bonds (called “Fixed Income Bonds” in the agreement or “Series AA Bonds”), in an amount equivalent to the prepayment amount, considering for these purposes the nominal value of the Series AA Bonds at this date”.
In this way, yesterday, the company placed in the local market Series AA bonds, under the bond issuance contract for a fixed amount registered in the Securities Registry of the Commission under number 1,204.
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“The placement of the Series AA Bonds was carried out for a total sum of CLP43,603,049,650 (USD43.9m) on account of capital, at an annual face rate of 5 percent and with maturity on January 26, 2035”, indicates the essential fact directed to the Commission for the Financial Market.
The note concludes: “As indicated above, the Series AA Bonds were placed through the delivery of all the Series S Bonds under the mandatory prepayment of the same as previously indicated”.
