Third Supplemental Indenture dated as of August 30, 2019 among Tronox Incorporated, the guarantors named therein and Wilmington Trust, National Association, as trustee
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EX-4.2 3 ex4_2.htm EXHIBIT 4.2
EXHIBIT 4.2
TRONOX INCORPORATED
AND EACH OF THE GUARANTORS PARTY HERETO
6.500% SENIOR NOTES DUE 2026
THIRD SUPPLEMENTAL INDENTURE
Dated as of August 30, 2019
Wilmington Trust, National Association,
as Trustee
Third Supplemental Indenture (this “Supplemental Indenture”), dated as of August 30, 2019, among those entities listed in Annex A hereto (each, a “Guaranteeing Subsidiary” and collectively, the “Guaranteeing Subsidiaries”), each an affiliate of Tronox Limited (or its permitted successor) (“Holdings”), Tronox Incorporated, a Delaware corporation (the “Issuer”), the other Guarantors (as defined in the Indenture referred to herein) and Wilmington Trust, National Association, a national banking association, as trustee under the Indenture referred to below (the “Trustee”).
W I T N E S S E T H
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee an indenture, dated as of April 6, 2018 (the “Base Indenture”), among the Issuer, the Guarantors party thereto (as defined therein) and the Trustee, providing for the issuance of 6.500% Senior Notes due 2026 (the “Notes”);
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee a first supplemental indenture, dated as of April 1, 2019 (the “First Supplemental Indenture”), among Tronox Holdings PLC, Tronox Investment Holdings Limited and Tronox UK Merger Company Limited, as new guarantors, the Issuer, the other Guarantors party thereto (as defined therein) and the Trustee, to accede certain new guarantors under the Notes;
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee a second supplemental indenture, dated as of April 12, 2019 (the “Second Supplemental Indenture”), among Cristal Inorganic Chemicals Netherlands B.V. and Cristal International B.V., as new guarantors, the Issuer, the other Guarantors party thereto (as defined therein) and the Trustee, to accede certain new guarantors under the Notes (the Base Indenture, as supplemented by each of the First Supplemental Indenture and the Second Supplemental indenture, herein referred to as the “Indenture”);
WHEREAS, the Indenture provides that under certain circumstances each Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which each such Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and
WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, each Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
1. Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
2. Agreement to Guarantee. Each Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.
3. No Recourse Against Others. No director, manager, officer, employee, incorporator, stockholder or member of Holdings, the Issuer or any Subsidiary thereof will have any liability for any obligations of Holdings, the Issuer or the Guarantors under the Notes, this Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.
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4. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
5. Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy will be an original, but all of them together represent the same agreement. The exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.
6. Effect of Headings. The Section headings herein are for convenience of reference only, are not to be considered a part of this Supplemental Indenture and will in no way modify or restrict any of the terms or provisions hereof.
7. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiaries, Holdings and the Issuer.
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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first above written.
| Dated as of August 30, 2019 | |||
| Tronox Incorporated | |||
| By: | /s/ Steven A. Kaye | ||
| Name: | Steven A. Kaye | ||
| Title: | Vice President and Assistant Secretary | ||
[Signature Page to Third Supplemental Indenture (2026)]
| U.S. GUARANTORS: | ||
| Tronox LLC | ||
| Tronox Pigments LLC | ||
| Tronox US Holdings Inc. | ||
| By: | /s/ Steven A. Kaye | |
| Name: | Steven A. Kaye | |
| Title: | Vice President and Assistant Secretary | |
| Tronox Finance LLC | ||
| By: | /s/ Steven A. Kaye | |
| Name: | Steven A. Kaye | |
| Title: | Assistant Secretary |
[Signature Page to Third Supplemental Indenture (2026)]
| U.K. GUARANTORS: | ||
| Tronox UK Holdings Limited | ||
| Tronox UK Limited | ||
| Tronox Finance PLC | ||
| Tronox UK Merger Company Limited | ||
| Tronox Investment Holdings Limited | ||
| By: | /s/ Steven A. Kaye | |
| Name: | Steven A. Kaye | |
| Title: | Director | |
| Tronox Holdings PLC, under power of attorney | ||
| By: | /s/ Steven A. Kaye | |
| Name: | Steven A. Kaye | |
| Title: | Attorney | |
| Tronox International Finance LLP | ||
| By: | /s/ Steven A. Kaye | |
| Name: | Steven A. Kaye | |
| Title: | Representative Member of Tronox UK Holdings |
[Signature Page to Third Supplemental Indenture (2026)]
AUSTRALIAN GUARANTORS:
SIGNED, SEALED and DELIVERED for each of
TIFIC PTY. LTD.
TIO2 CORPORATION PTY LTD
TRONOX AUSTRALIA HOLDINGS PTY LIMITED
TRONOX AUSTRALIA PIGMENTS HOLDINGS PTY LIMITED
TRONOX AUSTRALIA PTY LTD
TRONOX GLOBAL HOLDINGS PTY LIMITED
TRONOX HOLDINGS (AUSTRALIA) PTY LTD
TRONOX MANAGEMENT PTY LTD
TRONOX MINERAL SALES PTY LTD
TRONOX PIGMENTS AUSTRALIA HOLDINGS PTY LIMITED
TRONOX PIGMENTS AUSTRALIA PTY LIMITED
TRONOX SANDS HOLDINGS PTY LIMITED
TRONOX WESTERN AUSTRALIA PTY LTD
TRONOX WORLDWIDE PTY LIMITED
YALGOO MINERALS PTY. LTD.
under power of attorney in the presence of:
| /s/ Steven A. Kaye | ||
| Signature of attorney | ||
| /s/ Julie A. Constantinides | Steven A. Kaye | |
| Signature of witness | Name | |
| Julie A. Constantinides | 15 September 2017 | |
| Name | Date of power of attorney |
| SIGNED, SEALED and DELIVERED for TRONOX LIMITED under power of attorney in the presence of: | /s/ Steven A. Kaye | |
| Signature of attorney | ||
| /s/ Julie A. Constantinides | Steven A. Kaye | |
| Signature of witness | Name | |
| Julie A. Constantinides | 15 September 2017 | |
| Name | Date of power of attorney |
[Signature Page to Third Supplemental Indenture (2026)]
| DUTCH GUARANTORS: | |||
| Tronox Holdings Coöperatief U.A. | |||
| By: | /s/ Steven A. Kaye | ||
| Name: | Steven A. Kaye | ||
| Title: | Director A | ||
| By: | /s/ Anthony Martin Orrell | ||
| Name: | Anthony Martin Orrell | ||
| Title: | Director B | ||
| Tronox Worldwide Pty Limited, acting for itself, on behalf of Tronox Global holdings Pty Ltd as limited partner of Tronox Holdings Europe C.V., and in its capacity as general partner of Tronox Holdings Europe C.V. | |||
| By: | /s/ Steven A. Kaye | ||
| Name: | Steven A. Kaye | ||
| Title: | Authorized Signatory | ||
| Tronox Pigments (Netherlands) B.V. | |||
| By: | /s/ Steven A. Kaye | ||
| Name: | Steven A. Kaye | ||
| Title: | Managing Director | ||
| Tronox Pigments (Holland) B.V. | |||
| By: | /s/ Steven A. Kaye | ||
| Name: | Steven A. Kaye | ||
| Title: | Managing Director | ||
| Cristal Inorganic Chemicals Netherlands B.V. | |||
| By: | /s/ Steven A. Kaye | ||
| Name: | Steven A. Kaye | ||
| Title: | Manager | ||
[Signature Page to Third Supplemental Indenture (2026)]
| Tronox International B.V. | |||
| By: | /s/ Steven A. Kaye | ||
| Name: | Steven A. Kaye | ||
| Title: | Manager | ||
[Signature Page to Third Supplemental Indenture (2026)]
| SWITZERLAND GUARANTORS: | |||
| Tronox International Holdings GmbH | |||
| By: | /s/ Steven A. Kaye | ||
| Name: | Steven A. Kaye | ||
| Title: | Chairman of Management Board | ||
[Signature Page to Third Supplemental Indenture (2026)]
| Cristal Inorganic Chemicals UK Limited | ||
| Tronox Investments UK Limited | ||
| Millennium Inorganic Chemicals UK Holdings Limited | ||
| By: | /s/ Steven A. Kaye | |
| Name: | Steven A. Kaye | |
| Title: | Director |
[Signature Page to Third Supplemental Indenture (2026)]
Signed, sealed and delivered by
as attorney, respectively, for
BEMAX SALES PTY LTD
101858931
CABLE SANDS (W.A.) PTY LTD
009137142
CABLE SANDS HOLDINGS PTY. LIMITED
001288268
CABLE SANDS INVESTMENTS PTY. LIMITED
000430482
CABLE SANDS PTY. LIMITED
008678386
TRONOX AUSTRALIND PTY LTD
125123784
COFFS HARBOUR RUTILE PTY LTD
000173099
TRONOX MINERAL HOLDINGS AUSTRALIA PTY LTD
102888559
TRONOX MINING AUSTRALIA LIMITED
009247858
TRONOX PIGMENT BUNBURY LTD
008683627
IMPERIAL MINING (AUST) PTY LTD
062193266
KATHLEEN INVESTMENTS (AUSTRALIA) PTY LTD
008402891
MURRAY BASIN TITANIUM PTY LTD
082497827
NIMSA MURRAY BASIN PTY LTD
091051704
NISSHO IWAI MINERAL SANDS (AUSTRALIA) PTY. LIMITED
003870871
PEREGRINE GOLD MINING PTY LTD
009267207
[Signature Page to Third Supplemental Indenture (2026)]
PEREGRINE MINERAL SANDS PTY LTD
009307591
POONCARIE OPERATIONS PTY LTD
102895581
PROBO MINING PTY LTD
079938819
RUTILE & ZIRCON MINES (NEWCASTLE) PTY LTD
000393135
RZM PTY. LIMITED
001 242 397
TITANIUM TECHNOLOGY (AUSTRALIA) PTY LTD
000833643
under power of attorney dated August 30, 2019
in the presence of:
| /s/ Julie A. Constantinides | ← | /s/ Steven A. Kaye |
| Signature of witness | Signature of attorney | |
| The person signing above certifies that his/her signature is to be treated as constituting a separate signing as attorney for each party listed above respectively. | ||
| Julie A. Constantinides | ← | Steven A. Kaye |
| Name of witness (print) | Name of attorney (print) |
[Signature Page to Third Supplemental Indenture (2026)]
| TRONOX FRANCE SAS, a société par actions simplifiée, incorporated under the laws of France with Mulhouse RCS number 440 140 309 | |||
| By: | /s/ Christian Wendling | ||
| Name: | Christian Wendling | ||
| Title: | Director | ||
| MILLENNIUM INORGANIC CHEMICALS LE HAVRE SAS, a société par actions simplifiée, incorporated under the laws of France with Le Havre RCS number 440 097 079 | |||
| By: | /s/ Christian Wendling | ||
| Name: | Christian Wendling | ||
| Title: | Director | ||
| MILLENNIUM INORGANIC CHEMICALS SAS, a société par actions simplifiée, incorporated under the laws of France with Mulhouse RCS number 945 550 119 | |||
| By: | /s/ Christian Wendling | ||
| Name: | Christian Wendling | ||
| Title: | Director | ||
[Signature Page to Third Supplemental Indenture (2026)]
| Wilmington Trust, National Association, as Trustee | |||
| By: | /s/ Jane Y. Schweiger | ||
| Name: | Jane Y. Schweiger | ||
| Title: | Vice President | ||
[Signature Page to Third Supplemental Indenture (2026)]
ANNEX A
GUARANTEEING SUBSIDIARIES
Cristal Inorganic Chemicals UK Limited
Tronox Investments UK Limited
Millennium Inorganic Chemicals UK Holdings Limited
Bemax Sales Pty Ltd
Cable Sands (W.A.) Pty Ltd
Cable Sands Holdings Pty. Limited
Cable Sands Investments Pty. Limited
Cable Sands Pty. Limited
Tronox Australind Pty Ltd
Coffs Harbour Rutile Pty Ltd
Tronox Mineral Holdings Australia Pty Ltd
Tronox Mining Australia Limited
Tronox Pigment Bunbury Ltd
Imperial Mining (Aust) Pty Ltd
Kathleen Investments (Australia) Pty Ltd
Murray Basin Titanium Pty Ltd
Nimsa Murray Basin Pty Ltd
Nissho Iwai Mineral Sands (Australia) Pty. Limited
Peregrine Gold Mining Pty Ltd
Peregrine Mineral Sands Pty Ltd
Pooncarie Operations Pty Ltd
Probo Mining Pty Ltd
Rutile & Zircon Mines (Newcastle) Pty Ltd
RZM Pty. Limited
Titanium Technology (Australia) Pty Ltd
Tronox France SAS
Millennium Inorganic Chemicals Le Havre SAS
Millennium Inorganic Chemicals SAS
