FH - Circular to unsecured creditors document (19 April 2006)
Click here to download the PDF document (1.2 MB)
FH - Letter to Shareholders enclosing declaration
1 April 2005
Download FH - Letter to Shareholders enclosing declaration
(149 kb)
FH - Circular to unsecured creditors document
17 Sept 2004
Download FH - Circular to unsecured creditors document
(242 kb - 15 pages)
FH - Circular to unsecured creditors document
17 May 2004
Download FH - Circular to unsecured creditors document
(170 kb - 4 pages)
Ferrier Hodgson - Creditors/Suppliers
Circular
click here to download the Creditors/Suppliers
Circular (1.4 MB)
Updated Report Sent To Pasminco Creditors
The Administrators of major zinc producer Pasminco, Messrs. John Spark and Peter McCluskey of turnaround, insolvency and reconstruction management group Ferrier Hodgson, have today sent Pasminco creditors an updated Creditors’ Report, in line with the requirements of the Corporations Act, ahead of the next creditors’ meeting to be held on 30 August.
The Second Creditors’ Report details the progress on the finalisation of key issues affecting documentation critical to the implementation of the proposal to restructure Pasminco.
Administrator John Spark said, “The substance of the restructure proposal remains unchanged from details announced in May this year.
“Creditors will now be able to vote on the restructure proposal on 30 August, which is an important step for Pasminco’s relaunch.”
The major changes between the restructure proposal set out in the First Creditors’ Report issued on 1 July, 2002 and the Second Report issued today relate to technical amendments to the proposed Deeds of Company Arrangement.
The Administrators continue to recommend that Creditors vote in favour of the Pasminco restructure proposal, known as the Equity and Float option, which would see an issue of shares in lieu of debt to creditors and financiers owed approximately $2.8 billion. This equity would subsequently be partially sold down via a public float – co-managed by Deutsche Bank, Salomon Smith Barney and UBS Warburg - with the financiers retaining a residual shareholding in the company.
Download Ferrier Hodgson`s Second Report Covering letter & Notice of Meeting materials
PDF File (270 Kb)
Download Ferrier Hodgson`s Second Report to Crediors pursuant to Section 439A of the Corporations Act
PDF File (435 Kb)
Download Ferrier Hodgson`s Annexure No 1 to the Report
PDF File (564 Kb)
Download Ferrier Hodgson`s Annexure No 2 to the Report
PDF File (163 Kb)
Download Ferrier Hodgson`s Annexure No 3&4 to the Report
PDF File (452 Kb)
For further information, please contact:
John Spark - Ferrier Hodgson
61 3 9600 4922
Peter McCluskey – Ferrier Hodgson
61 3 9600 4922
FH - Administrators` Report Pursuant to Section 439A of the Corporations Act (2001)
Ferrier Hodgson - Administrators` Report Pursuant to Section 439A of the
Corporations Act (2001)
The Administrators` Report pursuant to Section 439A of the Corporations Act
is now complete.
For more details
Download Ferrier Hodgson`s Covering letter & Notice of Meeting materials
PDF File (423 Kb)
Download Ferrier Hodgson`s Report
PDF File (1.8 MB)
Download Ferrier Hodgson`s Annexures to the Report
PDF File (1.3 MB)
Download Addendum to Administrators Report dated 1 July 2002 pursuant to
Section 439A of the Corporations Act (2001)
PDF File (7 KB)
Ferrier Hodgson - Interim Report to Creditors
This report has been prepared for creditors so as to provide an update on the current status of the Administration, to provide an overview of the affairs of Pasminco and the key factors affecting the determination of Pasminco`s future.
For more details
Download Ferrier Hodgson`s Interim Report to Creditors
PDF File (553 Kb)
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