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News Itacamba Cemento bondholders meeting declared void

Itacamba Cemento bondholders meeting declared void

Written by Global Cement staff 24 May 2023
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Bolivia: Itacamba Cemento declared a general assembly of bondholders on 22 May 2023 void after bondholders failed to attend in sufficient numbers for the meeting to proceed. The company said that there was insufficient quorum in accordance with the provisions of its bond issuance programme, and that the way forward would be to call a new assembly.

This story was amended on 26 May 2023, after a previous version erroneously stated that the bond issuance had been declared void - whereas it was the inquorate meetings that were declared void. Global Cement apologises for this error.

Last modified on 26 May 2023
Published in Global Cement News
Tagged under
  • Bolivia
  • Itacamba Cemento
  • corporate
  • bond
  • GCW609
  • Finance
  • funding
  • investor
  • meeting
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