GLOBAL
FINANCIAL SOLUTIONS
Santiago, March 9, 2023
Mrs.
Solange Berstein Jáuregui
President
Financial Market Commission
Present
Ref. Communicate Essential Fact
Madam President:
In my capacity as General Manager of Global Soluciones Financieras S.A. (the
“Company”), registered under N* 1.191 in the Securities Registry of the Commission for the
Financial Market (“CMF”), and duly authorized, in accordance with the provisions
in Article 9″ and in subsection 2* of Article 10″ of Law N* 18,045, on the Market of
Values, and in the General Standard N* 30 of the CMF, I communicate to you in character
in fact, essential, the following information relating to the Company:
On March 7, 2023, the meeting of the holders of serial bonds took place
A issued by the Company (the “Bonds”) under the line bond issue agreement that
consists of a public deed dated October 28, 2020, granted at the Notary of
San Miguel de don Jorge Reyes Bessone, and its subsequent modifications, inscribed in the
Registry of Securities of the CMF under N*1057 (the “Issuance Agreement”), which was
cited by notices published in the newspaper La Nación on 16 and 23 February,
and March 6, all 2023.
The resolutions adopted by the holders of the Bonds at the meeting held,
were as follows:
1. To approve the amendment to section Twelve.Seven. Qualified Majorities of the
Twelfth Clause of the Issuance Agreement, in order to incorporate the
Reference to the modification of guarantees as one of the matters to be
approved by 75% of the bonds issued under the Issue Agreement.
2. Approve the constitution of guarantees by the Company, in favor of the
holders of the Bonds, consisting of the endorsement as collateral of promissory notes, and
pledges on contracts and certain movable property of the Company.
3. By virtue of the approval indicated in paragraph 2 above, it was agreed:
GLOBAL
FINANCIAL SOLUTIONS
a) Not to make the Company enforceable, as of December 2022 and
until 30 April 2023, the obligation to maintain a Level of
Net Financial Indebtedness or Leverage less than 6.5 times, in the
terms of the provisions of Clause Nine, Section 9.3, letter a) of the
Emission Contract.
b) Not requiring the Company to measure the liquidity ratio
referred to in letter c), on Liquidity Ratio, of Section 9.3 of
Clause Nine of the Issuance Contract and, therefore, of the obligation
to maintain a ratio between Current Assets and Current Liabilities
greater than or equal to one, for the quarter ended March 2023,
re-establishing this requirement for the measurement to be carried out at closure
of June 2023
4. Grant a maximum period that will expire on April 30, 2023 so that
the Company submits to the meeting of holders of the Bonds a plan for
Improve your financial ratios. For this purpose, the RTB will call a board
of holders of the Bonds for that date and for that purpose.
5. Modify the Issuance Contract in order to grant the following option to the
Company: The Company will have, for a period of 30 days from the meeting
of bondholders to be held on April 30, 2023, the option of
extend the maturity of the Bonds, if no later than April 30
of 2023 compliance with certain agreed conditions has been verified
by the holders of the Bonds.
Yours sincerely yours,
Juan Sebastian Garib Zalaquett
General Manager
GLOBAL FINANCIAL SOLUTIONS S.A.
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=3b06620fe087198cdcf0bebacbd874a9VFdwQmVVMTZRWHBOUkVWM1RWUkJNVTlCUFQwPQ==&secuencia=-1&t=1682376108
