5 Aug 2009 07:04
OAO TMK Tender Invitation and Consent Solicitation with respect to the U.S.$600,000,000 10.00 per cent. Loan Participation Notes due 2011
NOTICE IS HEREBY GIVEN in respect of the U.S.$600,000,000 10.00 per cent. Loan Participation Notes due 2011 (ISIN XS0373732063) (the "Notes") issued by TMK Capital S.A. (the "Issuer") for the sole purpose of financing a loan to OAO TMK, such loan unconditionally and irrevocably guaranteed by OAO Volzhsky Pipe Plant, ZAO TMK Trade House, OAO Seversky Tube Works, OAO Sinarsky Pipe Plant, OAO Taganrog Metallurgical Works and IPSCO Tubulars Inc., that at a meeting held at 4.00 p.m. (London time) on 4 August 2009 of the holders (the "Noteholders") of the Notes constituted by a trust deed dated 29 July 2008 (the "Trust Deed") made between the Issuer and Deutsche Trustee Company Limited as trustee for the Noteholders, the Extraordinary Resolution detailed in the Notice of Meeting dated 8 July 2009 was passed.
OAO TMK
Registered Office:
Alexander Nevsky Street 19/25, Building 1 125047 MoscowRussian Federation
Dated 5 August 2009