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Published on 11/29/2021 in the Prospect News Distressed Debt Daily, Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Hong Kong’s MIE urges holders to accede to restructuring agreement

Chicago, Nov. 29 – MIE Holdings Corp. is still encouraging noteholders of the company’s 13¾% notes due on April 12, 2022 (ISIN: XS1960218250) to accede to its restructuring support agreement, according to an announcement.

As of Nov. 25, 89.59% of noteholders have already acceded to the RSA.

All of those holders consented by the early-bird RSA fee deadline on 5 a.m. ET on Nov. 11.

An early-bird fee and a general RSA fee will be paid to the consenting noteholders on the restructuring effective date.

Information about the restructuring support agreement can be obtained by contacting Morrow Sodali Ltd (+852 2319 4130, +44 204 513 6933, 203 609-4910, https://bonds.morrowsodali.com/MIE, MIE@investor.morrowsodali.com).

The company’s legal adviser for the restructuring is Ashurst (MIE@ashurst.com).

MIE Holdings is a Hong Kong-based oil and gas exploration and production company.


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