REG-Renewi plc Renewi plc: Notice to Noteholders - New Guarantor

RenewiAnnouncement

03/04/2023 15:30

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   Renewi plc (RWI)
   Renewi plc: Notice to Noteholders - New Guarantor

   03-Apr-2023 / 15:16 GMT/BST

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   THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF
   NOTEHOLDERS. IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD
   TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS
   IMMEDIATELY.

   3 April 2023

           NOTICE TO THE NOTEHOLDERS OF THE FOLLOWING NOTES ISSUED BY

                                   RENEWI PLC
                                 (the "Issuer")

   €75,000,000 3% guaranteed notes due 2024 (ISIN:  XS2022227222) (the "2024
                                    Notes")

   €125,000,000 3% guaranteed notes due 2027 (ISIN:  XS2353474401) (the "2027
                                    Notes")

                            (together, the "Notes")

                            _______________________

                            NOTICE OF NEW GUARANTOR

                            _______________________

   NOTICE IS HEREBY GIVEN THAT:

   We refer to:

   i. a trust deed dated 19 July 2019 between the Issuer, the Original
      Guarantors (defined therein) and Apex Corporate Trustees (UK) Limited
      (the "Trustee") in connection with 2024 Notes (the "2024 Notes Trust
      Deed"); and
   ii. a trust deed dated 23 July 2021 between the Issuer, the Original
       Guarantors (defined therein) and the Trustee in connection with the
       2027 Notes (the "2027 Notes Trust Deed").

   In accordance with:

    a. in respect of the 2024 Notes, Condition 2(e) of the Terms and
       Conditions of the 2024 Notes and Clause 4.4 of the 2024 Notes Trust
       Deed; and
    b. in respect of the 2027 Notes, Condition 2(e) of the Terms and
       Conditions of the 2027 Notes and Clause 4.4 of the 2027 Notes Trust
       Deed,

   by way of a supplemental trust deed to each Trust Deed dated 31 March
   2023, Mineralz B.V. (the "New Guarantor") has acceded to the obligations
   as Guarantor and become a Guarantor under the Notes, effective as of 3
   April 2023.

   Information on the New Guarantor

   Name of New Jurisdiction of Date         of Registered Registered Address
   Guarantor   Incorporation   Incorporation   Number
   Mineralz    The Netherlands 11 October 1984 09074050   Van Hilststraat  7,
   B.V.                                                   5145 RK Waalwijk

    

   For further information please contact:

   Philip Griffin-Smith

   Group Company Secretary

   Renewi plc

   Enigma, Wavendon Business Park, Ortensia Drive, Wavendon, Milton Keynes,
   Buckinghamshire, MK17 8LX, United Kingdom

   Company.Secretary@renewi.com

    

   About Renewi 

    

   Renewi is a pure-play recycling company with a focus on extracting value
   from waste and used materials rather than disposal through incineration or
   landfill. The company also plays a key role in limiting resource scarcity
   through the creation of secondary materials, and by so doing addresses
   both social and regulatory trends and contributes to creating a cleaner,
   greener world.

    

   Renewi’s vision is to be the leading waste-to-product company in the
   world’s most advanced circular economies. With an industry leading
   recycling rate of 68%, Renewi puts 8m tonnes of low carbon secondary
   materials back into reuse. This is a significant contribution to climate
   change mitigation and the circular economy. Our recycling protects virgin
   resources and avoids emissions of more than 3 million tonnes of CO2.

    

   Renewi, which draws on innovation and the latest technology to turn waste
   into useful materials - paper, metals, plastics, glass, wood, building
   materials, compost and energy - employs over 6,500 people who work on 162
   operating sites in 6 countries across Europe and the UK. Renewi is
   recognised as a market leader in Benelux and a European leader in advanced
   recycling.

    

   Visit our website for more information:  1 www.renewi.com

    

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          GB00BNR4T868
   Category Code: MSCM
   TIDM:          RWI
   LEI Code:      213800CNEIDZBL17KU22
   Sequence No.:  234615
   EQS News ID:   1600037


    
   End of Announcement EQS News Service

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References

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