Common Contracts
1 similar null contracts
NAUTILUS INKIA HOLDINGS LLC (FORMERLY INKIA ENERGY LTD)April 30th, 2018
On November 24, 2017, Nautilus Inkia Holdings LLC (“Nautilus Inkia”), a Cayman Islands limited liability company controlled by I Squared Capital, entered into a share purchase agreement with Kenon Holdings Ltd, through its subsidiaries Inkia Energy Ltd (“Inkia”) and IC Power Distribution Holding Pte Ltd (“ICPDH”), pursuant to which Inkia and ICPDH agreed to sell all of their interests in power generation and distribution companies in Latin America and the Caribbean (the "Inkia Businesses") in consideration for US$1,332 million, consisting of (i) US$935 million cash proceeds paid by Nautilus Inkia, (ii) retained cash at Inkia of US$222 million, and (iii) US$175 million, which was in the form of a deferred payment obligation bearing interest of 8% per annum, payable in kind by Nautilus Energy TopCo LLC, a parent company of Nautilus Inkia. Nautilus Inkia also assumed Inkia’s obligations under Inkia’s US$600 million 5.875% senior unsecured notes due 2027. The final purchase price is subjec
