BRIEF-Wyloo Says No Active Discussions With Hastings Regarding Restructure Of Exchangeable Notes

Reuters

2024-11-14

Nov 14 (Reuters) - Wyloo:

* STATEMENT REGARDING HASTINGS ANNOUNCEMENT

* NO ACTIVE DISCUSSIONS REGARDING RESTRUCTURE OF WYLOO EXCHANGEABLE NOTES

* REJECTS HASTINGS’ ASSERTION THAT NO DEFAULT HAS OCCURRED IN CONNECTION WITH THE WYLOO EXCHANGEABLE NOTES

* CONCERNED ABOUT HASTINGS’ ABILITY TO RAISE ESTIMATED $220 MILLION TO REDEEM WYLOO EXCHANGEABLE NOTES IN LESS THAN 11 MONTHS

* ALL FIGURES IN AUD

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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