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Published on 6/4/2008 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

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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