A proportion of Delhaize debenture holders approve the change of debenture issuer

A proportion of Delhaize debenture holders approve the change of debenture issuer

Holders of Delhaize group debentures which are repayable on February 27th 2020, approved the change of issuer by 95.71%. They also approved the various technical amendments, resulting from the anticipated merger with the Dutch group Ahold, Delhaize announced on Wednesday. Delhaize convened two general meetings on Monday of holders of both categories of Delhaize group debentures that are denominated in the euro currency. Although the proposed resolutions were approved by a very large majority of holders of debentures maturing in 2020, there was no quorum in the general meeting of holders of debentures that mature on October 19th 2018.

Consequently this general meeting was postponed until February 5th “with an agenda and proposed resolutions which are identical to those in the initial debenture holders’ meeting,” Delhaize stated.

(Source: Belga)


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