Notice for HFF150434 Noteholders Meeting
The Issuer of the HFF150434 Notes, ÍL-sjóður, commonly known as the Housing Financing Fund, has called for an important meeting for all noteholders. This gathering is aimed at discussing and voting on a specific resolution, which is crucial for the holders of the notes involved.
Meeting Details
This meeting of the noteholders is scheduled to take place on Thursday, April 10, 2025, at the Hilton Reykjavik Nordica, located at Suðurlandsbraut 2, 108 Reykjavík, at 16:00 local time. All holders of the Notes, or their designated representatives, are encouraged to attend this event.
Chair and Agenda
The Issuer has proposed that Viðar Lúðvíksson, an esteemed Supreme Court Attorney, will chair the meeting. During this session, the primary agenda will revolve around voting on a significant resolution: the addition of a new temporary provision, Condition 7.A, also known as the 'Special settlement'. This provision allows for a settlement of the Notes with specific settlement assets, a change that could impact all noteholders.
Importance of Participation
Participating in this meeting is vital for every noteholder, given the implications of the proposed resolution. The meeting aims to ensure that all relevant voices are heard and that decisions reflect the collective interests of the noteholders. To participate, noteholders must fulfill certain requirements to validate their voting rights.
Voting Certificates and Proxies
Every noteholder, regardless of how many Notes they hold, has the right to participate in the meeting. To do so, they must provide a Voting Certificate or appoint proxies no later than 48 hours before the meeting. Notes may be deposited with a Paying Agent for the purpose of acquiring Voting Certificates, facilitating participation in the meeting. It is essential for Paying Agents to submit copies of issued Voting Certificates to the Issuer’s contact email at least 24 hours prior to the meeting.
Familiarity with Meeting Provisions
The Notes holders and interested parties are advised to review the Fiscal Agreement, specifically EXHIBIT G, which outlines the 'Provisions for Meetings of the Noteholders'. This document is accessible on the Ministry of Finance and Economic Affairs' website, and noteholders are encouraged to familiarize themselves with its contents to navigate the upcoming meeting effectively.
Contact Details
If you need further information or have concerns regarding the meeting, please reach out via email. The Issuer can be contacted at ilsjodur@fjr.is. Your involvement is crucial for the future direction of HFF150434, and we look forward to your valuable participation.
Frequently Asked Questions
What is the purpose of the HFF150434 meeting?
The meeting is to discuss and vote on the new temporary provision, Condition 7.A, which affects the terms of the Notes.
When is the meeting scheduled?
The meeting is set for April 10, 2025, at 16:00 local time.
Who will chair the meeting?
Viðar Lúðvíksson, a Supreme Court Attorney, has been nominated to chair the meeting.
How can I participate in the meeting?
Noteholders must provide a Voting Certificate or appoint Proxies at least 48 hours before the meeting to participate.
Where can I find more information about the meeting provisions?
The provisions for the meetings can be found in the Fiscal Agreement, EXHIBIT G, on the Ministry of Finance and Economic Affairs’ website.
