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QIIB SENIOR ORYX LTD. announced the results of its consent solicitation on 9 October 2026, which sought Certificateholder approval for modifications relating to the Trustee's proposed re-domiciliation. As of the 9 October 2026 expiration deadline, U.S.$341,223,000 aggregate face amount of Series 3 Certificates and U.S.$265,412,000 of Series 4 Certificates had provided valid electronic voting instructions in favour of the Extraordinary Resolution. Meetings for both Series are scheduled for 14 October 2026.
| Date | 9 Oct 2026 |
| Time | 18:08:54 |
| Category | Miscellaneous |
| ID | 4379Y |
NOT FOR DISTRIBUTION: (A) IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) (THE "UNITED STATES") OR TO ANY U.S. PERSON (AS DEFINED BELOW); OR (B) IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
9 October 2026
QIIB SENIOR ORYX LTD. ANNOUNCES RESULTS OF CONSENT SOLICITATION
AS AT THE EXPIRATION DEADLINE
QIIB SENIOR ORYX LTD.
(Incorporated in the Cayman Islands as an exempted company with limited liability)
(LEI: 549300A07UNNRZ2DVQ26)
(the "Trustee")
to the holders (the "Certificateholders") of the following trust certificates (each a "Series" and, together, the "Certificates"):
|
Description of Certificates |
ISIN |
Aggregate Face Amount Outstanding |
|
U.S.$750,000,000 Certificates due 2029 (the "Series 3 Certificates")1 |
XS2747076664 |
U.S.$750,000,000 |
|
U.S.$500,000,000 Certificates due 2030 (the "Series 4 Certificates") |
XS3212439916 |
U.S.$500,000,000 |
|
_________________________________________ 1 Comprised of (i) the outstanding U.S.$500,000,000 Trust Certificates due 2029 issued by the Trustee on 24 January 2024 ("Series 3 Tranche 1 Certificates"); (ii) the outstanding U.S.$250,000,000 Trust Certificates due 2029 issued by the Trustee on 31 July 2024 ("Series 3 Tranche 2 Certificates "), which are collectively represented by the Global Certificate with ISIN XS2747076664.
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On 22 September 2026, the Trustee announced an invitation to holders of the Certificates ("Certificateholders") to approve, inter alios, certain modifications to the terms and conditions of the Certificates (the "Conditions") to reflect the proposed re-domiciliation of the Trustee from the Cayman Islands to the Qatar Financial Centre, as further described in the consent solicitation memorandum dated 22 September 2026 (the "Consent Solicitation Memorandum") (each such invitation in respect of a Series, a "Consent Solicitation"). Capitalised terms used herein and not otherwise defined shall have the meanings given to them in the Consent Solicitation Memorandum.
Results of Consent Solicitation at the Expiration Deadline
As at 4:00 p.m. (London time) on 9 October 2026 (the "Expiration Deadline") the following valid Electronic Voting Instructions were provided by Certificateholders to the Information and Tabulation Agent:
|
|
In favour of the Extraordinary Resolution |
Against the Extraordinary Resolution |
Abstentions |
|
Aggregate face amount outstanding of the Series 3 Certificates instructed (in U.S.$): |
341,223,000 |
4,342,000 |
0 |
|
Aggregate face amount outstanding of the Series 4 Certificates instructed (in U.S.$): |
265,412,000 |
300,000 |
0 |
Meetings
Pursuant to the terms and conditions of the Consent Solicitation as set out in the Consent Solicitation Memorandum, the Meeting in respect of each Series will therefore proceed to be held at the offices of Simmons & Simmons LLP at Citypoint, 1 Ropemaker Street, London EC2Y 9SS, United Kingdom on 14 October 2026 at the relevant time specified in the Notice of Circulating Extraordinary Resolutions by Electronic Consent and of Meetings for the purpose of considering and, if thought fit, passing the Extraordinary Resolution in respect of each Series subject to the quorum requirements in respect of each such Meeting being met.
Further information
A complete description of the terms and conditions of the Consent Solicitations is set out in the Consent Solicitation Memorandum. A copy of the Consent Solicitation Memorandum is available to Certificateholders on the Transaction Website (https://projects.sodali.com/QIIB), subject to registration, and can be obtained from the Information and Tabulation Agent.
Further detail about the Consent Solicitations can be obtained from:
The Solicitation Agent
Standard Chartered Bank
7th Floor Building One, Gate Precinct
Dubai International Financial Centre
P.O. Box 999
Dubai
United Arab Emirates
Telephone: +44 20 7885 5739
Attention: Liability Management Group
Email: [email protected]
The Information and Tabulation Agent
Sodali & Co Limited
In London:
The Leadenhall Building
122 Leadenhall Street
London, EC3V 4AB
United Kingdom
Telephone: +44 20 4513 6933
In Hong Kong:
1401, 14/F
90 Connaught Road
Central Sheung Wan
Hong Kong
Telephone: +852 2319 4130
Email: [email protected]
Transaction Website: https://projects.sodali.com/QIIB
Distribution Restrictions
This announcement and the Consent Solicitation Memorandum do not constitute an offer or an invitation to participate in any Consent Solicitation in any jurisdiction in or from which, or to or from any person to or from whom, it is unlawful to make such offer or invitation under applicable securities laws. The distribution of the Consent Solicitation Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession the Consent Solicitation Memorandum comes are required by each of the Trustee, the Bank, the Solicitation Agent, the Delegate and the Information and Tabulation Agent to inform themselves about, and to observe, any such restrictions.