Event Publicly Available Information:
On 1 October 2018 International Petroleum Investment Company P.J.S.C. (IPIC) invited the eligible holders of it\\\'s U.S.$1,750,000,000 5.99% Guaranteed Notes due 2022 (the Notes, ISIN: XS0784926270) to participate in the consent solicitation. The link to the announcement and the details outlined in the consent solicitation memorandum are listed below. One aspect of a successful consent solicitation is that Mubadala Development Company PJSC (Mubadala) will assume the guarantee of IPC\\\'s payment obligations under its guarantee in respect of the Notes. The consent solicitation was successful and \\\"on 1 November 2018 the Deed of Substitution and the Mubadala Deed of Guarantee will be executed by the parties thereto and each Proposal set out in the Consent Solicitation Memorandum will become effective\\\" (see link to Meeting results). IPIC is reference entity for CDS. Thus, is Mubadala the successor to IPIC?
Announcment of Consent Solicitation
Meeting results
Link to access the consent solicitation memorandum
| Date | Description | Document |
|---|---|---|
| Closed | ||
| Pending DC Consent |