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Sequa Petroleum N.V. Irrevocable Undertaking to Restructuring Bonds by decisive bondholders’ majority

Sequa Petroleum N.V.  Irrevocable Undertaking to Restructuring Bonds by decisive bondholders’ majority Further to its press release of 22 January 2019, Sequa Petroleum N.V. (the “Company”) is pleased to announce that its main shareholder Sapinda Holding B.V. together with certain affiliates (“Sapinda”), holding or otherwise controlling voting rights for a decisive majority (over 75%) of […]

Sequa Petroleum N.V. Bonds and Business Development Update

As reported in press releases of Sequa Petroleum N.V.  (the “Company”) (14 November 2016, 17 March, 15 May and 14 November 2017, and 15 May and 14 November 2018), a number of potential defaults have occurred with respect to the Company’s USD 300,000,000 5.00 per cent Convertible Bonds due 2020 of which USD 204,400,000 in […]

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