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Sigma Finance Corp (73KJ)

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Wednesday 06 April, 2011

Sigma Finance Corp

Company Announcement

Company Announcement

Sigma Finance Corp

COMPANY ANNOUNCEMENT
SIGMA FINANCE CORPORATION (IN RECEIVERSHIP)

As Guarantor of Notes issued by SIGMA FINANCE, INC.

Sigma Finance Corporation (in receivership) (acting by Alan Robert Bloom, Margaret Elizabeth Mills and Stephen John Harris (together, the "Receivers", who act at all times as agents of the Guarantor and without personal liability)) (the "Guarantor") and Sigma Finance, Inc. (the “Issuer”, and, together with the Guarantor, "Sigma")) have today made the following announcement.

Extension of Expiration Date under consent solicitation in respect of the following USMTN issued by Sigma Finance Inc. and guaranteed by Sigma Finance Corporation (in receivership):

USD 10,000,000 Floating Rate Notes due 2013 (CUSIP 8265Q0PC0)
USD 50,000,000 Fixed Rate then Floating Rate Notes due 2011 (CUSIP 8265Q0RR5)
USD 200,000,000 Fixed Rate then Floating Rate Notes due 2016 (CUSIP 8265Q0SH6)
USD 50,000,000 Fixed Rate then Floating Rate Notes due 2016 (CUSIP 8265Q0UB6)
USD 25,000,000 Floating Rate Notes due 2013 (CUSIP 8265Q0UZ3)
USD 10,000,000 Floating Rate Notes due 2013 (CUSIP 8265Q0VA7)
USD 20,000,000 Floating Rate Notes due 2014 (CUSIP 8265Q0VL3)
USD 10,000,000 Floating Rate Notes due 2014 (CUSIP 8265Q0WH1)
USD 200,000,000 Fixed Rate then Floating Rate Notes due 2017 (CUSIP 8265Q0YC0)

(together, the "Notes")

Sigma has today issued a notice to the holders of the Notes in respect of the consent solicitation statement sent to holders of the Notes on 9 March 2011 (the "USMTN Consent Solicitation Statement") to extend the Expiration Date (as defined in the USMTN Consent Solicitation Statement) for the delivery of consents by Letter of Transmittal.

Holders of the Notes are encouraged to contact the Receivers by email to [email protected] to obtain a copy of this notice.

As previously advised to Beneficiaries, further information on the pooling process is available in the Pooling and Distribution Memorandum on the website maintained by Sigma at:

http://ey-vx.com/exchange-sites/relationship%20development/3284/compose-email/sigma-beneficiaries-email.asp.

Copies of the USMTN Consent Solicitation Statement and the notice to holders of the Notes are available for inspection at the offices of the Receivers at:

Ernst & Young LLP
1 More London Place1 More London Place
London SE1 2AFLondon SE1 2AF

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

Important information

Please note that nothing in this document is intended to amount to an invitation or inducement to engage in investment activity. Nothing in this document 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.

The Receivers act as agents of Sigma Finance Corporation (in receivership) and without personal liability.


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