Notice to Noteholders - New Guarantor

Renewi plc (RWI)
Renewi plc: Notice to Noteholders - New Guarantor

03-Apr-2023 / 15:16 GMT/BST


THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY.

3 April 2023

NOTICE TO THE NOTEHOLDERS OF THE FOLLOWING NOTES ISSUED BY

RENEWI PLC
(the "Issuer")

€75,000,000 3% guaranteed notes due 2024 (ISIN:  XS2022227222) (the "2024 Notes")

€125,000,000 3% guaranteed notes due 2027 (ISIN:  XS2353474401) (the "2027 Notes")

(together, the "Notes")

_______________________

NOTICE OF NEW GUARANTOR

_______________________

NOTICE IS HEREBY GIVEN THAT:

We refer to:

  1. a trust deed dated 19 July 2019 between the Issuer, the Original Guarantors (defined therein) and Apex Corporate Trustees (UK) Limited (the "Trustee") in connection with 2024 Notes (the "2024 Notes Trust Deed"); and
  2. a trust deed dated 23 July 2021 between the Issuer, the Original Guarantors (defined therein) and the Trustee in connection with the 2027 Notes (the "2027 Notes Trust Deed").

In accordance with:

  1. in respect of the 2024 Notes, Condition 2(e) of the Terms and Conditions of the 2024 Notes and Clause 4.4 of the 2024 Notes Trust Deed; and
  2. in respect of the 2027 Notes, Condition 2(e) of the Terms and Conditions of the 2027 Notes and Clause 4.4 of the 2027 Notes Trust Deed,

by way of a supplemental trust deed to each Trust Deed dated 31 March 2023, Mineralz B.V. (the "New Guarantor") has acceded to the obligations as Guarantor and become a Guarantor under the Notes, effective as of 3 April 2023.

Information on the New Guarantor

Name of New Guarantor

Jurisdiction of Incorporation

Date of Incorporation

Registered Number

Registered Address

Mineralz B.V.

The Netherlands

11 October 1984

09074050

Van Hilststraat 7, 5145 RK Waalwijk

 

For further information please contact:

Philip Griffin-Smith

Group Company Secretary

Renewi plc

Enigma, Wavendon Business Park, Ortensia Drive, Wavendon, Milton Keynes, Buckinghamshire, MK17 8LX, United Kingdom

Company.Secretary@renewi.com


About Renewi 

 

Renewi is a pure-play recycling company with a focus on extracting value from waste and used materials rather than disposal through incineration or landfill. The company also plays a key role in limiting resource scarcity through the creation of secondary materials, and by so doing addresses both social and regulatory trends and contributes to creating a cleaner, greener world.

 

Renewi’s vision is to be the leading waste-to-product company in the world’s most advanced circular economies. With an industry leading recycling rate of 68%, Renewi puts 8m tonnes of low carbon secondary materials back into reuse. This is a significant contribution to climate change mitigation and the circular economy. Our recycling protects virgin resources and avoids emissions of more than 3 million tonnes of CO2.

 

Renewi, which draws on innovation and the latest technology to turn waste into useful materials - paper, metals, plastics, glass, wood, building materials, compost and energy - employs over 6,500 people who work on 162 operating sites in 6 countries across Europe and the UK. Renewi is recognised as a market leader in Benelux and a European leader in advanced recycling.

 

Visit our website for more information: www.renewi.com

 



Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN: GB00BNR4T868
Category Code: MSCM
TIDM: RWI
LEI Code: 213800CNEIDZBL17KU22
Sequence No.: 234615
EQS News ID: 1600037

 
End of Announcement EQS News Service

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