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Article R228-63 of the French Commercial code

Where it has not been determined either by the contract of issue or by the general meeting of bondholders, the remuneration of the representatives of the masse is set by the president of the judicial court, ruling on a petition, at the request of the company or the interested representative of the masse. The amount of the remuneration allocated by the general meeting of bondholders may be reduced, at the…

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Article R228-65 of the French Commercial code

The request to convene a general meeting of bondholders, under the conditions provided for in the second paragraph of Article L. 228-58, shall be made by extrajudicial document or by registered letter with acknowledgement of receipt. It shall indicate the agenda to be submitted to the meeting. The period referred to in the third paragraph of Article L. 228-58 is two months from the date of the request to convene…

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Article R228-66 of the French Commercial code

In addition to the information provided for in article R. 225-66, the notice convening the general meeting of bondholders shall contain the following information: 1° An indication of the loan subscribed by the bondholders whose general meeting is being convened; 2° The name and domicile of the person who took the initiative to convene the meeting and the capacity in which that person is acting; 3° Where applicable, the date…

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Article R228-67 of the French Commercial code

The conditions under which notice of the general meeting of bondholders is brought to the attention of the bondholders may be set out in the contract of issue. In this case, the body responsible for convening the bondholders must be able to justify at any time that the notice has been delivered in accordance with the stipulations of the issue contract. This communication shall be made in sufficient time before…

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Article R228-71 of the French Commercial code

The right to attend bondholders’ meetings is evidenced by the registration of the bonds, on the day of the general meeting, either in the registered securities accounts held by the company, or in the bearer securities accounts held by an intermediary mentioned in article L. 211-3 of the Monetary and Financial Code, or, where applicable, in a shared electronic registration system pursuant to Regulation (EU) 2022/858 of the European Parliament…

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Article R228-72 of the French Commercial code

Unless otherwise stipulated in the issue contract, the general meeting of bondholders shall be held at the registered office of the debtor company or at any other place in the same département. However, the general meeting of the bondholders only holding securities whose unit nominal value is at least equal to 100,000 euros or, for securities denominated in a currency other than the euro, whose unit nominal value is, on…

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