Sunday, February 13, 2011
The Griffin Coal Mining Company Pty Ltd (Administrators Appointed) ACN 008 667 285 (“Griffin Coal”)
PERTH, Australia - Saturday, February 12th 2011 [ME NewsWire]
(BUSINESS WIRE)-- The voluntary administrators of Griffin Coal recently invited holders (the “Noteholders”) of the 9½% Senior Notes due 2016 (the “Notes”) to attend presentations on Griffin Coal in New York and Hong Kong (the “Presentations”) at 10.30am (New York time) on 7 February 2011 and 10.30am (Hong Kong time) on 10 February 2011 respectively.
During the Presentations, two of Griffin Coal’s administrators, Brian McMaster and Scott Kershaw, gave an update in relation to the financial and operational performance of Griffin Coal and certain related entities and the status of the voluntary administration. Representatives of UBS, investment bankers engaged by the administrators, also presented.
Copies of the Presentations will be uploaded to Intralinks shortly after the Hong Kong Presentation for the benefit of existing Noteholders. The administrators will grant Intralinks access to any prospective purchaser of the Notes, provided that such a prospective purchaser can prove to the administrators’ reasonable satisfaction that it is a bona fide prospective purchaser.
The Presentations may contain material non-public information. Any Noteholder or prospective purchaser of the Notes that is concerned about receiving material non-public information should consider obtaining independent legal advice in relation to the Presentations and the use of the Intralinks site before accessing Intralinks or reviewing the Presentations.
Questions with respect of the Intralinks site may be directed to Julian Derrick of KordaMentha via email at GCMCNoteholders@kordamentha.com. Noteholders wishing to register for access to Intralinks should forward their contact details via this email address.
Contacts
Bingham McCutchen LLP
Jeff Black, Associate
212-705-7446
jeffery.black@bingham.com
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