CREDITO REAL’S AD HOC GROUP OF UNSECURED DEBT HOLDERS RELEASES INFORMATION ON RESTRUCTURING TALKS | New


NEW YORK, June 10, 2022 /PRNewswire/ — An ad hoc group of certain holders of unsecured debt (the “Ad hoc group“) issued by Crédito Real, SAB de CV, SOFOM, ENR (the “Company“) publicly discloses information that has been provided to the Ad Hoc Group in connection with discussions regarding potential transactions involving a recapitalization, refinancing or other restructuring operation concerning the Company (each, a “Transaction possible“). The Ad Hoc Group is advised by Akin Gump Strauss Hauer & Feld LLP, Sainz Abogados, SC, Houlihan Lokey and Blink Capital Solutions (collectively, the “Advisors“). In connection with the discussion of a Possible Transaction, the Company has entered into confidentiality agreements (“nes“) with certain members of the Ad Hoc Group and certain other senior bondholders of the Company (collectively, the “Holders“), as well as with other third parties. During these discussions with the Holders and other third parties, and subject to applicable NDAs, the Company has shared certain confidential information with the Holders (collectively, the “Information“). The Company and the Noteholders have not entered into any definitive agreement regarding a Possible Transaction.

Under the NDAs, holders have the right to disclose the information if the company does not. In light of the Company’s failure to timely disclose the information provided to Holders, Holders are exercising their rights under and in accordance with the terms of the NDAs and are disclosing the information in Schedule 1 here.

The information contained in this press release has been provided by the Company. Neither the Holders nor the Advisors make any representation or warranty of any kind with respect to this information, including, but not limited to, the accuracy and completeness of the information. The Holders and the Advisors disclaim all liability of any kind whatsoever to anyone for any use of or reliance on this Information or any omission from it. None of the Holders or Advisors has taken responsibility for confirming or otherwise verifying the Information provided by the Company.

View original content: https://www.prnewswire.com/news-releases/ad-hoc-group-of-holders-of-unsecured-indebtedness-of-credito-real-releases-information-on-restructuring-discussions – 301566120.html

SOURCE Ad hoc group of unsecured debt holders of Crédito Real, SAB de CV, SOFOM, ENR

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