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Elaborx Ventures AG: Bookbuilding starts for the Manica I Timber Investments Ltd Note Issue with Qualified Investors
In relation to USD 33 million secured amortizing Green Notes
Zug (pta043/12.04.2022/16:40 UTC+2)
On April 6th, 2022 BMI International Europe Limited, Sole Global Coordinator of Manica I Timber Investments Ltd (Mauritius) (the "Issuer"), opened the bookbuilding process for the 9 year US Dollar-denominated fixed rate secured amortizing bearer Green Notes (the "Notes"). The bookbuilding will close at 5:00 p.m. GMT on April 27th, 2022.
Settlement for the proposed Regulation S only Notes is May 5th, 2022. The interest rate will be determined at the book closing. The order book is coordinated by Mr. Claus Körner who can be contacted by email at: claus.korner@bmintelligence.com.
Manica I Timber Investments Ltd is a dedicated renewable timber and carbon asset investment vehicle allocating capital in sustainably managed eucalyptus commercial forestry plantations in regions reporting yields above Southern Africa industry averages. With its close proximity to the port of Beira, Mozambique, the eucalypt plantation and carbon asset business will make it a highly prized forestry asset and carbon sink, supplying seaborne markets with quality wood fiber to the pulp and paper industry, or sustainably managed biomass to the power utility sector (1).
Mozambique Tree Farming (Pty) Ltd, a South African group engaged in commercial forestry plantations and Elaborx AG, a Swiss based financial advisor, are sponsoring the Note issue.
No prospectus has been or will be approved and/or published pursuant to the Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC, as amended from time to time ("Prospectus Regulation"). This Material has been prepared by BMI International Europe Limited for information purposes only and does not constitute an offer, recommendation, investment advice or invitation to subscribe for, or to purchase any securities, and nothing herein shall form the basis of any contract or commitment whatsoever. This Material does not constitute "marketing material" or any type of "advertisement", in particular as defined under Article 2(k) of the Prospectus Regulation.
BMI International Europe Limited has represented and agreed that it will offer the Notes in the European Economic Area and the United Kingdom only in compliance with the provisions of the Prospectus Regulation and all other laws and regulations in the European Economic Area the United Kingdom applicable to the offer and the sale of the Notes in the European Economic Area.
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, JAPAN OR THE UNITED STATES OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS OR IN ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW.
For press enquiries kindly contact Mr. Claus Körner by email: claus.korner@bmintelligence.com.
Source: (1) Elaborx Ventures AG, Baarerstrasse 21, 6302 Zug, Switzerland
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Emitter: |
Elaborx Ventures AG Baarerstrasse 21 6300 Zug Switzerland |
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Contact Person: | Jean-Pierre Conrad | |
Phone: | +41 79 6015159 | |
E-Mail: | jpconrad@elaborx.com | |
Website: | investments.elaborx.com | |
ISIN(s): | DE000A3K2VZ8 (Bond) | |
Stock Exchange(s): | - |