The company Abengoa has opened an accession period for its creditors to join a financial restructuring agreement and avoid insolvency proceedings. This period will remain open until October 25th. The restructuring agreement stipulates new conditions for existing lenders - a 97% reduction in nominal debt value or the option to convert 30% to senior or junior bonds/loans depending on participation in new funding, and the option to capitalize the remaining 70% in exchange for 40% equity in the new Abengoa company. Lenders must decide whether to accept the standard or alternative terms, register their vote with a public notary by the deadline, and failure to adhere to the agreement will result in the standard terms being applied

1. ABENGOA
Accesion
Process
FinancialInstitutions
*Thisperiodwillremainopenuntil25th
Octoberat6.00am.
Viability
Plan
Howarefinancialinstitutions
affectedbytherestructuringplan?
Overrecentmonths,Abengoahas
beenworkingonitsfinancial
restructuringplan,inadditiontoa
viabilityplanwhichwaspresented
onAugust16.
ThecompanyhasopenedanThecompanyhasopenedan
accessionperiodsothatAbengoa’s
creditorsareabletojointhefinancial
restructuringagreementandavoid
thescenarioofgoinginto
administrationandpossible
liquidation.Thisperiodwillremain
openuntilopenuntil25th
October*
.
Therestructuringagreementstipulatesnew
conditionsforthecurrentlendinginstitutions.
Thestandardrestructuringtermsforthe
preexistingdebtinvolvesadebtreductionof
97% ofitsnominalvalue,allthewhilekeeping
theremaining3% withaten-yearmaturitywith
noannualcouponoroptionforcapitalization.
Neverthelessasalendinginstitution,youhaveNeverthelessasalendinginstitution,youhave
theoptiontochoosethealternativeterms:
•30% ofthenominalvaluewouldconvertintoa
bondorloanthatrankedasseniororjunior
dependingonwhetherornotbondholders
participateinthenewmoneyfacilities.
••Theoptiontocapitalizetheremaining70% of
thenominalvalueofoutstandingdebtin
exchangefor40% ofcapitalofthenew
Abengoathatwouldbedistributedamong
existingfinancialcreditors.
Moreinformation:
www.abengoa.com/accessions

2. Steps
totake
Andjustwhatdo
Ihavetodonow?
1.Getintouchwithyourusualcontactat
Abengoaorsendanemailto
rpbanks_insurance@abengoa.com.Allthe
necessarydocumentationwillbeprovided.
2.2.Lastofall,itwillbenecessaryfora
representativeofthefinancialinstitutionto
registertheirvotebeforeapublicnotaryatthe
followingaddress:
D.JoséMiguelGarcíaLombardía
CalleJoséOrtegayGasset5,
Firstfloor,leftdoor.
Tel:917817170Tel:917817170
Alternatively,anypublicnotarycanbevisited.
However,inthiscase,acopyoftherelevant
documentationwillberequiredtobesenttothe
notarymentionedpreviously.
1
2
Andifmoreinformation
isneeded?
Writetousatthisemailaddress:
rpbanks_insurance@abengoa.com
Foramoredetailedexplanationofthe
votingprocess,pleaseconsult‘FAQs’that
canbefoundinthesectionthatdealswith
thefinancialrestructuringprocessonthe
Abengoawebpage:
www.abengoa.com/accessions
Periododeadhesiones
www.abengoa.com/accessions
ABENGOA
Ifyouarealendinginstitution,youshould
chooseeitherthestandardorthealternative
debtrestructuringterms.
Pleasenote!Pleasenote!Ifthealternativetermsarechosen,
youwillberequiredtodecideifyouwishto
capitalize70% ofyouroutstandingdebt,andin
addition,ifyouwishtoparticipateinthenew
liquidityfacilities.
RememberthatifyoufailtoadheretotheRememberthatifyoufailtoadheretothe
agreement,thenthestandardtermswillbe
appliediftherestructuringplanisapprovedby
75% ofthecreditorsandhomologatedincourt.