EFG INTERNATIONAL AG 
By Results of
Exchange Offer for EFG Fiduciary Certificates
and
EGM of EFG International AG
and
EFG Fiduciary Certificate Holders' Meeting
Zurich, 11 January 2012 - On 30 November 2011, EFG International (Guernsey) Ltd announced its offer to exchange EFG Fiduciary Certificates for Basel III compliant Tier 2 Bonds. The Exchange Offer was made subject to receipt of approvals by both an extraordinary meeting of shareholders of EFG International AG and a meeting of holders of the EFG Fiduciary Certificates. Following yesterday's approvals by both meetings, EFG International (Guernsey) Ltd announces the final results of its Exchange Offer. Final results of EFG International (Guernsey) Ltd's offer to exchange EFG Fiduciary Certificates for new Basel III compliant Tier 2 Notes
EFG International (Guernsey) Ltd announces the final results
of its offer to holders of the outstanding €400 million EFG
Fiduciary Certificates (ISIN XS0204324890 listed on the
Luxembourg Stock Exchange) to exchange EFG Fiduciary
Certificates for new Basel III compliant Tier 2 Notes.
A total of 135'219 EFG Fiduciary Certificates, representing
approximately 33.8% of the outstanding principal amount of
EFG Fiduciary Certificates, were validly tendered and
accepted for exchange by EFG International (Guernsey) Ltd. In
exchange EFG International (Guernsey) Ltd. will issue
€67'604'00 principal amount of Basel III compliant Tier 2
bonds on settlement of the Exchange Offer, which is expected
to occur on 13 January 2012. The new bonds have a maturity of
10 years and for the first 5 years pay an annual interest
coupon of 8%.
The outstanding number of EFG Fiduciary Certificates will
reduce from 400'000 to
264'781, representing a total nominal amount of approximately
€265 million.
At the Extraordinary Shareholders' Meeting of EFG
International AG held in Zurich on Tuesday 10 January 2012,
the shareholders approved the proposal of the board and
authorised it to buy-back until 31 March 2012 up to 100 % of
the 400,000 Bons de Participation. Such bought-back Bons de
Participation will be definitively designated to be
cancelled.
EFG International AG, Bahnhofstrasse 12, 8001 Zürich,
Switzerland. Tel: +41 44 226 1850 Fax +41 44 226 1855
www.efginternational.com
The respective capital reduction and the necessary amendment
of the Articles of
Association will be proposed to the Annual General Meeting
2012.
A meeting of the holders of EFG Fiduciary Certificates held
on Tuesday 10 January
2012 in Luxembourg has approved by extraordinary resolution
certain amendments to the conditions of the EFG Fiduciary
Certificates and other agreements in connection with the
Exchange Offer.
Media Relations Investor Relations
+41 44 212 7387 +41 44 212 7377
mediarelations@efginternational.com
investorrelations@efginternational.com
EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich. EFG International's group of private banking businesses currently operates in 30 countries, with circa 2,500 employees. EFG International's registered shares (EFGN) are listed on the SIX Swiss Exchange.
Practitioners of the craft of private banking
EFG International AG, Bahnhofstrasse 12, 8001 Zürich, Switzerland. Tel: +41 44 226 1850 Fax +41 44 226 1855 2 www.efginternational.com
| distribué par | Ce noodl a été diffusé par EFG International AG et initialement mise en ligne sur le site http://www.efginternational.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-11 07:11:52 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
| Documents associés | |
| Results of Exchange Offer for EFG Fiduciary Certificates |
