Rio Oil Finance Trust: Issuer & Sponsor Statement

Nov 06, 2015, 10:44 ET from Rio Oil Finance Trust

SAO PAULO, Nov. 6, 2015 /PRNewswire/ -- Rio Oil Finance Trust, as the Issuer, and Fundo Unico de Previdencia Social do Estado do Rio de Janeiro, RioPrevidencia, as the Sponsor, would like to confirm that the consent solicitation launched last October 20th, 2015 with respect to 6.25% Series 2014-1 Notes due 2024, 16.25% Series 2014-2 Notes due 2022 and 6.75% Series 2014-3 Notes due 2017, was successfully approved by a majority of noteholders of each Series. The approval was confirmed by D.F. King & Co. as the tabulation agent.

Overall, across the three Series, the consent was almost unanimous. This demonstrates the long term commitment of Rio Oil Finance Trust and RioPrevidencia to the program.

SOURCE Rio Oil Finance Trust