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Mainsail II Ltd (73WC)


Thursday 01 November, 2012

Mainsail II Ltd


RNS Number : 1225Q
Mainsail II Ltd
01 November 2012

Company Announcement - Second Interim Distribution



Mainsail II Limited (in Receivership) (the "Company")



US$ 4,000,000,000 Euro/US Commercial Paper Programme

US$ 407,000,000 Mezzanine Note Programme

US$ 112,000,000 Capital Note Programme



FOR IMMEDIATE RELEASE                                                                        26 October 2012



The Joint Receivers of the Company, being Kris Beighton of KPMG in the Cayman Islands, and Richard Heis of KPMG LLP in the UK hereby provide notice, that they intend to make a second interim distribution, to all Senior Secured Creditors on or about 1 November 2012. This second interim distribution represents a return of capital to Senior Secured Creditors and will be in the amount of approximately US$20million.


Please email [email protected] if you have any queries regarding this announcement.


Important information


Please note that nothing in this notice is intended to amount to an invitation or inducement to engage in investment activity. Nothing in this notice amounts to the giving of advice. If you are in any doubt as to the action you should take, you should consult a professional adviser.




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