Event Publicly Available Information:
With respect to Credit Derivative Transactions referencing Vue Entertainment International Limited as Reference Entity, do each of the £150,000,000 term loan facility maturing in November 2024 and the £65,000,000 revolving credit facility originally maturing in July 2025, in each case originally entered into by Vue International Bidco plc, constitute Restructured Bonds or Loans for the purpose of Section 3.32 (Mod Mod R) of the 2014 Definitions?
The Eligible Market Participant who submitted the question provided the following documents in support of their question:
- The skeleton argument on Vue’s behalf in the High Court, dated 27 July 2022 (available on Reorg Research in an article from 27 July 2022 entitled ‘Vue Passes Convening Stage of English Scheme of Arrangement’ - https://app.reorg.com/documents/20220727/62e1189d82867.pdf)
- Vue’s press release dated 26 January 2023 - https://vue-international.com/our-media/press-releases/vue-completes-recapitalisation
- Financial restructuring page in relation to Vue hosted by Kroll - https://deals.is.kroll.com/vue
- Quarterly holding filing of Invesco Floating Rate ESG Fund - https://connect.rightprospectus.com/Invesco/TADF/00141A867/P
- VIB 2021 annual report - https://vue-international.com/investor-relations/reports/87-vue-international-bidco-plc-financial-report-2021-fy21/file
| Date | Description | Document |
|---|---|---|
| Closed | ||
| Pending DC Consent |