Other relevant information. Result of the first Noteholders’ Meetings

August 4, 2020

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OBRASCÓN HUARTE LAIN, S.A. (“OHL” or the “Company”), pursuant to article 227 of the consolidated text of the Spanish Securities Market Act approved by Royal Legislative Decree 4/2015, of 23 October, hereby notifies the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores) (“CNMV”) the following 

 

RELEVANT INFORMATION

Pursuant to the communication of relevant information published on 16 July 2020 with register number 3437 and on 21 July 2020 with register number 3499 by virtue of which the Company informed of the amendment of the noteholders’ meeting notice published by means of a communication of relevant information on 3 July 2020 with register number 3180 and called the noteholders’ meetings (respectively, the “Noteholders’ Meetings” and the “Noteholders”) of the following issues:

  • €400,000,000 4.750% Senior Notes due 2022 (of which €323,000,000 in principal amount remain outstanding) (ISIN: XS1043961439; Common Code:104396143) (“Issue 1”); and
  • €325,000,000 5.50% Senior Notes due 2023 (of which €269,900,000 in principal amount remain outstanding) (ISIN: XS1206510569; Common Code: 120651056) (“Issue 2”)

jointly and respectively, the “Issues” and the “Notes”, which were to be held at first call at Torre Espacio, Paseo de la Castellana, 259D – 28046, Madrid on 4 August 2020, at 12.00 p.m. and 12.30 p.m. (CET) for the Issue 1 and the Issue 2, respectively, the Company announces that the Noteholders’ Meetings have not attained the legally required quorum to be held on first call (i.e. at least two thirds of the entire outstanding amount of the Notes in Issue 1 and Issue 2, respectively). The Issuer will convene adjourned Noteholders’ Meetings to be held on second call on 4 September 2020 at Paseo de la Castellana, 259D, Torre Espacio, at 12.00 p.m. and 12.30 p.m. (CET) for the Issue 1 and the Issue 2, respectively. 

The expiration time to send consent instructions or instruct to attend to the Noteholders’ Meetings is extended to 12.00 p.m. (CET) on 1 September 2020 and the record date for the purposes of being entitled to attend to the Meetings will be on 28 August 2020.

Other than as described herein, the terms of the Consent Solicitation Memorandum made available to holders of the Notes (including the Resolutions and the Proposals) remain as set out in the Consent Solicitation Memorandum prepared by the Company.

ADDITIONAL INFORMATION

The following contact details have been provided for noteholders to request any information or clarifications regarding these Noteholders’ Meetings:

Tabulation Agent:
Lucid Issuer Services Limited
Att: David Shilson
Tankerton Works
12 Argyle Walk
London WC1H 8HA
United Kingdom
E-mail: ohl@lucid-is.com
Telephone: +44 (0) 20 7704 0880

Madrid 4 August 2020.

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