Media

Press Releases

Conditional Redemption Notice to the Holders of the 5% PIK Senior Notes due 2022 (formerly, 13.375% Senior Notes due 2019)

20 January 2017

Edcon Holdings Limited (Registration No. 2006/036903/06), a limited liability private company organized under the laws of the Republic of South Africa (the “Issuer”), gives notice to the holders (the “Holders”) of its 5% PIK Senior Notes due 2022 (formerly, 13.375% Senior Notes due 2019) (the “Notes”) of the redemption (the “Redemption”) of the entire aggregate principal amount of outstanding Notes (the “Redeemed Notes”) in accordance with paragraph 6(b) of the Notes and Sections 3.3 and 3.7 of the indenture, dated as of November 14, 2013 (as amended and supplemented by a first, second, third and fourth supplemental indentures dated as of June 29, 2015, July 13, 2015, July 14, 2015 and January 19, 2017, respectively, and together, the “Indenture”) among, inter alios, the Issuer, The Bank of New York Mellon, as Trustee, Principal Paying Agent and Transfer Agent, The Bank of New York Mellon (Luxembourg) S.A., as Registrar, and Elephant Onthecards (Proprietary) Limited, as SPV Guarantor. The terms and conditions of the redemption are as follows:

Download: notice_of_redemption_senior_notes.pdf


View previous page