DGAP-News: Galapagos Holding S.A: Notice 7.000% Senior Notes due 2022
- 51
EQS-News: Galapagos Holding S.A / Key word(s): Miscellaneous NOTICE Galapagos Holding S.A. 7.000% Senior Notes due 2022
In addition, the Issuer's direct subsidiary, Galapagos S.A. (the "SSN Issuer"), did not make the interest payment with respect to its Senior Secured Notes due on 15 June 2019 (or the next succeeding Business Day) (the "SSN Interest Payment"). Because the SSN Issuer has not made the SSN Interest Payment during the grace period under the indenture governing the Senior Secured Notes (as supplemented or amended from time to time), an Event of Default has occurred under the Indenture. Under the terms of the Intercreditor Agreement, the holders of the Senior Notes will not be entitled to take any enforcement action against the SSN Issuer or its subsidiaries until at least 179 days have elapsed following the occurrence of an Event of Default and due notice has been given. The Issuer will continue to seek to facilitate negotiations and discussions between relevant stakeholders with respect to a consensual balance-sheet restructuring transaction with the holders of the Senior Notes which would involve, among other things, the Interest Payment being made at a subsequent date. All capitalised words used but not defined herein shall have the meanings given to them in the Indenture. **************** For further information, please contact: Galapagos Investor Relations **************** This announcement contains inside information of Galapagos Holding S.A. for the purposes of Article 7 under Regulation (EU) 596/2014. Galapagos Holding S.A. is a public limited liability company (Société Anonyme) incorporated under the laws of the Grand Duchy of Luxembourg, having its registered office at 2C Rue Albert Borschette, L-1246 Luxembourg, and being registered with the Luxembourg trade and companies register under number B 186 312. ****************
17.07.2019 Dissemination of Corporate News, transmitted by EQS - a service of EQS Group AG. |
Language: | English |
Company: | Galapagos Holding S.A |
20 Davis Way, Newgate Lane | |
PO14 1AR Fareham, Hampshire | |
United Kingdom | |
Phone: | +44 1329 822222 |
E-mail: | [email protected] |
ISIN: | XS1071420027, XS1071420027 |
WKN: | A1ZJ87 |
Listed: | Foreign Exchange(s) Luxembourg Stock Exchange |
EQS News ID: | 842469 |
End of News | EQS News Service |
|
842469 17.07.2019
Die EQS Group ist ein führender internationaler Technologieanbieter für Digital Investor Relations, Corporate Communications und Compliance. Mehr als 8.000 Unternehmen weltweit sind dank der Anwendungen und Services in der Lage, komplexe nationale und internationale Informationsanforderungen, Meldepflichten und Richtlinien sicher, effizient und gleichzeitig zu erfüllen und Stakeholder weltweit zu erreichen.
- EQS-News: MorphoSys AG veröffentlicht Finanzergebnisse für das erste Quartal 2024
- Puerto San Antonio und das chilenische Ministerium für Verkehr und Telekommunikation veranstalteten in Madrid ein erfolgreiches Treffen mit Unternehmen, die am Bau von Puerto Exterior interessiert sind.
- EQS-News: Erster Epic Satoshi für 2,1 Millionen US-Dollar auf CoinEx verkauft
- Erster Epic Satoshi für 2,1 Millionen US-Dollar auf CoinEx verkauft
- EQS-News: elumeo SE: Schmuckhändler trotzt 2023 schwierigem Marktumfeld und legt Basis für Rückkehr zu profitablem Wachstum in 2024
- EQS-Adhoc: elumeo SE veröffentlicht vorläufige Zahlen 2023: Umsatz stabil gegenüber Vorjahr, Umsatz Web deutlich positiv, bereinigtes EBITDA rückläufig