Further to the Company’s announcement on 2 June 2023, SAE is pleased to announce that the holders of the AOE17 debentures have approved the proposed amendment to the 2017 debenture deed, which:
- extends the maturity date from 30 June 2023 to 30 June 2024 (the “Extension Period”); and
- will pay an enhanced interest for the Extension Period of 10%.
For further information, please contact:
Sean Parsons, Director of External Affairs
|+44 (0)7739 832 446|
|Strand Hanson Limited (Nominated and Financial Adviser)
|+44 (0)20 7409 3494|
|Zeus Capital Limited (Broker)
|+44 (0)20 3829 5000|
Notes to Editors
SAE Renewables is a global developer, owner and operator of sustainable energy projects with a diverse portfolio in various stages of development.
Defined terms in this announcement have the same meaning as in the RNS on 2 June 2023 unless otherwise defined,