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Imcopa gets consents for 10 3/8% notes due 2009
By Jennifer Chiou
New York, June 4 - Imcopa International Cayman Ltd. announced that noteholders passed an extraordinary resolution for its $100 million of 10 3/8% guaranteed notes due 2009.
The notes are guaranteed by Imcopa Importao, Exportao e India de leos SA.
The solicitation of consents wrapped at a June 2 noteholders' meeting.
Imcopa said that consent payments will be made no later than June 11. The payments will be equal to 0.75% of the principal amount.
The solicitation agent was ING Bank NV, London branch (44 20 7767-5107), and the tabulation agent was Bank of New York (fax 44 20 7964-2536).
Imcopa is the largest Brazilian crusher dedicated to non-GMO, IP soy products.
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