26 Nov 2012 07:57
INVITATION TO AN EXTRAORDINARY
GENERAL ASSEMBLY MEETING
OF BYBLOS BANK S.A.L. SHAREHOLDERS
The shareholders of Byblos Bank S.A.L. are invited to attend the Extraordinary General Assembly Meeting to be held at the Bank's Headquarters in Ashrafieh, Elias Sarkis Avenue, on Wednesday, 12 December 2012, at 11:00 AM, in order to deliberate and decide on the matters listed on the below agenda:
FIRST
To approve a Subordinated Loan up to USD 300 million backed by bonds convertible into shares and/or GDRs.
SECOND
To approve the increase of Byblos Bank S.A.L. capital in many stages, the subscription of which is limited to the holders of notes backing the Subordinated Loan, and determine the increase conditions.
THIRD
Miscellaneous.
The Board of Directors report on the Subordinated Loan and backing bonds, as well as the term sheet of the Loan and bonds, the external auditors'report and the report of the expert appointed according to Articles 86 and 113 of the Commercial Law, will be made available to shareholders at Byblos Bank Headquarters, Beirut, Ashrafieh, Elias Sarkis Avenue, during the regular business hours, at least 16 days before the meeting.
The Board of Directors