The Receivers act as agents of the Company at all times and without personal liability.

Größe: px

Ab Seite anzeigen:

Download "The Receivers act as agents of the Company at all times and without personal liability."

Hansl Reiner Kohler
vor 7 Jahren
Abrufe

1 For Immediate Release 8th October 2008 TO ALL INVESTORS COMPANY ANNOUNCEMENT SIGMA FINANCE CORPORATION (IN RECEIVERSHIP) SIGMA FINANCE, INC. Appointment of Receivers Alan Robert Bloom, Margaret Elizabeth Mills and Stephen John Harris (the "Receivers") were appointed Receivers and Managers of Sigma Finance Corporation (the "Company") on 6 October The Company is an investment company incorporated under the laws of the Cayman Islands with registered number The Company has issued notes under its US$10,000,000,000 Euro Medium-Term Note Programme and has guaranteed notes issued by Sigma Finance, Inc. under its US$50,000,000,000 Medium-Term Note Programme. Sigma Finance, Inc. is not in receivership. On 2 October 2008, Deutsche Trustee Company Limited (the "Security Trustee") received notice from a Liquidity Provider notifying the Security Trustee of an Event of Default under the relevant Liquidity Facility and directing the Security Trustee, pursuant to Clause 6.11 of the Security Trust Deed, to enforce the security constituted under the Security Trust Deed. Such notice constitutes an Enforcement Event under the Security Trust Deed and the Enforcement Date therefore occurred on 2 October The Security Trustee is entitled to appoint a Receiver under the Security Trust Deed on or after the Enforcement Date. The appointment of the Receivers was duly made by the Security Trustee. Once the Receivers have reviewed the situation they will provide more detail in respect of the timetable for the Company to provide further information on the immediate strategy. The Receivers act as agents of the Company at all times and without personal liability. Contacts: Ernst & Young LLP 1 More London Place London, SE1 2A Attention: Alan Robert Bloom, Margaret Elizabeth Mills and Stephen John Harris Message ends.

2 SIGMA Finance Corporation, George Town, Cayman Islands CHF 750'000'000 Floating Rate Notes In accordance with Article 6 (e) of the Terms and Conditions of the Notes, the Company has purchased in the market from July to September 2008 a total amount of CHF 41'150'000 nominal due to mark down of the Notes amount. Consequently, the outstanding amount as per 13. September 2008 will be CHF 301'030'000 nominal. By order: Zurich, 24 September 2008

3 Festlegungsdatum (inkl.) (exkl.) Anzahl Tage 92 Neuer Zinssatz 2,75333 % p.a. Fälligkeit Zürich,

4 SIGMA Finance Corporation, George Town, Cayman Islands CHF 750'000'000 Floating Rate Notes In accordance with Article 6 (e) of the Terms and Conditions of the Notes, the Company has purchased in the market during May/June 2008 a total amount of CHF 41'520'000 nominal due to mark down of the Notes amount. Consequently, the outstanding amount as per 17. June 2008 will be CHF 342'180'000 nominal. Zurich, 17 June 2008 By order:

5 SIGMA Finance Corporation, George Town, Cayman Islands CHF 750'000'000 Floating Rate Notes In accordance with Article 6 (e) of the Terms and Conditions of the Notes, the Company has purchased in the market during April 2008 a total amount of CHF 55'800'000 nominal due to mark down of the Notes amount. Consequently, the outstanding amount as per 05. May 2008 will be CHF 383'700'000 nominal. Zurich, 05 May 2008 By order:

6 Festlegungsdatum (inkl.) (exkl.) Anzahl Tage 92 Neuer Zinssatz 2,80500 % p.a. Fälligkeit Zürich,

8 Festlegungsdatum (inkl.) (exkl.) Anzahl Tage 90 Neuer Zinssatz 2,66667 % p.a. Fälligkeit Zürich, 04. Februar 2008

9 SIGMA Finance Corporation, George Town, Cayman Islands CHF 750'000'000 Floating Rate Notes In accordance with Article 6 (e) of the Terms and Conditions of the Notes, the Company has purchased in the market during January 2008 a total amount of CHF 53'000'000 nominal due to mark down of the Notes amount. Consequently, the outstanding amount as per 31 January 2008 will be CHF 516'860'000 nominal. Zurich, 04 February 2008 By order:

10 SIGMA Finance Corporation, George Town, Cayman Islands CHF 750'000'000 Floating Rate Notes In accordance with Article 6 (e) of the Terms and Conditions of the Notes, the Company has purchased in the market during November 2007 a total amount of CHF 180'140'000 nominal due to mark down of the Notes amount. Consequently, the outstanding amount as per 30 November 2007 will be CHF 569'860'000 nominal. Zurich, 30 November 2007 By order:

11 Festlegungsdatum 02. November November 2007 (inkl.) 06 Februar 2008 (exkl.) Anzahl Tage 92 Neuer Zinssatz % p.a. Fälligkeit 06. Februar 2008 Zürich, 06. November 2007

12 Festlegungsdatum 02. August August 2007 (inkl.) 06 November 2007 (exkl.) Anzahl Tage 92 Neuer Zinssatz % p.a. Fälligkeit 06. November 2007 Zürich, 06. August 2007

13 Festlegungsdatum 03. Mai Mai 2007 (inkl.) 06 August 2007 (exkl.) Anzahl Tage 91 Neuer Zinssatz % p.a. Fälligkeit 06. August 2007 Zürich, 03. Mai 2007

14 Festlegungsdatum 02. Februar Februar 2007 (inkl.) 07. Mai 2007 (exkl.) Anzahl Tage 90 Neuer Zinssatz % p.a. Fälligkeit 07. Mai 2007 Vermerk Adjusted Modified Following Business Day Convention Zürich, 02. Februar 2007

15 Festlegungsdatum 02. November November 2006 (inkl.) 06. Februar 2007 (exkl.) Anzahl Tage 92 Neuer Zinssatz 1,86000 % p.a. Fälligkeit 06. Februar 2007 Zürich, 02. November 2006

16 Festlegungsdatum 03. August August 2006 (inkl.) 06. November 2006 (exkl.) Anzahl Tage 91 Neuer Zinssatz 1,55667 % p.a. Fälligkeit 06. November 2006 Zürich, 03. August 2006

17 CHF 400'000'000 Anleihe mit variablem Zinssatz Festlegungsdatum 04. Mai Mai 2006 (inkl.) 07. August 2006 (exkl.) Anzahl Tage 91 Basis aktuell/360 Neuer Zinssatz % p.a. Fälligkeit 07. August 2006 Vermerk Adjusted Modified Following Business Day Convention Zürich, 04. Mai 2006

Ähnliche Dokumente

The Receivers act as agents of the Company at all times and without personal liability.

The Receivers act as agents of the Company at all times and without personal liability. For Immediate Release 8th October 2008 TO ALL INVESTORS COMPANY ANNOUNCEMENT SIGMA FINANCE CORPORATION (IN RECEIVERSHIP) SIGMA FINANCE, INC. Appointment of Receivers Alan Robert Bloom, Margaret Elizabeth