/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
MONTREAL, Jan. 16, 2013 /CNW Telbec/ - Homburg Invest Inc. (NYSE
Euronext Amsterdam: HII) ("Homburg Invest") has taken note of the partial tender offer by the Catalyst Capital
Group ("CCG") to holders of (i) mortgage bonds, series HMB4, HMB5, HMB6 and HMB7,
issued pursuant to a trust indenture dated 15 December 2002, as
supplemented from time to time; and (ii) corporate non asset-backed
bonds, series HB8, HB9, HB10 and HB11, issued pursuant to a trust
indenture dated 31 May 2006, as supplemented from time to time (the "Tender Offer").
Homburg Invest has not participated and is not involved in any
negotiations or discussions with CCG in connection with the Tender
Offer nor has it been informed on its contents.
Homburg Invest continues to diligently pursue its restructuring efforts,
with the assistance of the Court appointed Monitor and their respective
advisors, including the preparation of its plan of arrangement under
the Companies' Creditors Arrangement Act (Canada) (the "CCAA Plan"). Homburg Invest will be filing and presenting the CCAA Plan to its
creditors shortly. The CCAA Plan, as currently contemplated, provides
for a cancellation of all existing shares of HII with no recovery or
payment to its shareholders.
About Homburg Invest
Homburg Invest owns a diversified portfolio of commercial real estate
including office, retail, industrial and development properties
throughout Canada, Europe and the United States.
SOURCE: Homburg Invest
For further information:
NATIONAL Public Relations
Cohn & Wolfe
Tel 0031 (0)20 6768666