Statement re Extension of Unsecured Facility Agreement

Statement re Extension of Unsecured Facility Agreement

ID: 7892

(Thomson Reuters ONE) - For immediate release on 4 November 2009 CQS Rig Finance Fund Limited (the "Company") Statement re Extension of Unsecured Facility AgreementThe Company announces that on 23 October 2009 it extended, until 21October 2010, the one year US$6 million unsecured facility agreement,which was originally entered into with RBC Cees Trustee Limited("RBC") on 23 October 2008 (the "Facility")(as announced on 24October 2008).The Facility, which was provided by RBC in its capacity as trustee ofcertain assets for the benefit of Michael Hintze, Chief Executive ofCQS, who holds a majority interest in CQS Cayman LP, the Company'sinvestment manager, was extended on the same terms as the originalFacility. The Directors consider, having consulted with the Company'sNominated Adviser, that the terms of the extended Facility are fairand reasonable insofar as the Company's shareholders are concerned.Enquiries:Alastair MoretonArbuthnot Securities LimitedNominated AdviserTelephone 020 7012 2000SecretaryKleinwort Benson (Channel Islands) Fund Services LimitedTelephone 01481 727111---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 04.11.2009 - 11:56 Uhr
Sprache: Deutsch
News-ID 7892
Anzahl Zeichen: 0

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