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Homburg Invest Inc.

Homburg Invest Inc.

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Publicatie datum 29 sep 2011 - 18:39
Statutaire naam Homburg Invest Inc.
Titel HOMBURG INVEST PROVIDES UPDATE TO HOLDERS OF ITS CORPORATE BONDS AND MORTGAGE BONDS
Bericht Homburg Invest Inc. (TSX: HII.A; HII.B; NYSE Euronext Amsterdam: HII) (“Homburg Invest” or the “Company”) today provided additional information and clarifications intended to assist holders of its corporate bonds and its mortgage bonds (together, the “Bondholders”) in understanding the court-supervised process under the Canadian Companies Creditors Arrangement Act (“CCAA”) and their rights in this process. Homburg Invest’s Chief Executive Officer, Jan Schöningh, stated: “We understand that the CCAA process may be unfamiliar to some and we would like to do as much as possible to ensure that all stakeholders have access to all relevant information and are aware of how to obtain answers to any additional questions they may have. The input and support of Bondholders will be essential to achieving a successful restructuring of Homburg Invest.” This press release provides information regarding the following: • The series of mortgage bonds and corporate bonds affected by the CCAA process; • The CCAA process and where to obtain additional information about this process including the Monitor’s contact information; • An online interactive information session (webcast) during which Homburg Invest will provide further details about the CCAA process and how it affects mortgage and corporate bondholders. Details and dates will be provided in future communications; • An update on the delisting of the Company from the TSX, on discussions with the Netherlands Authority for Financial Markets (AFM) and proposed next steps for Bondholders.