Senvion gets consents to amend 3 7/8% senior secured notes

By Sarah Lizee

Olympia, Wash., Jan. 31 – Senvion Holding GmbH received consents from holders of at least a majority of its €400 million 3 7/8% senior secured notes due 2022 (ISINs: XS1608040090, XS1608044753) to amend the notes, according to an announcement.

The issuer sought to, among other things, require the instruction from holders of notes of at least a majority of the then outstanding notes to accelerate the notes.

Subsequent to receiving consents, the acquisition of the European Service assets and IP from Senvion by Siemens Gamesa Renewable Energy was completed, the issuer said.

Hamburg, Germany-based Senvion manufactures wind turbines.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.