Business
Convertible Notes Extension & Issue of £0.5m Note
Convertible Notes Extension & Issue of £0.5m Note.
About this update from Cindrigo Holdings Limited
[{"type":"text","content":"\n \nRNS Number : 2848W Challenger Acquisitions Limited 26 April 2016 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.\n \nFor immediate release 26 April 2016 \n \nChallenger Acquisitions Limited\n(\"Challenger\" or the \"Company\")\n \nExtension of existing convertible notes due May 2016 and issue of new £0.5m convertible note\n \n \nChallenger Acquisitions Limited (LSE: CHAL), a leader in the Giant Observation Wheel industry announces that further to the convertible notes issued by the Company as announced on 20 May 2015 and 30 July 2015 (\"2015 Notes\") it has agreed with all outstanding holders of the 2015 Notes that they shall receive an amended and restated convertible note instrument on exactly the same terms other than the date of maturity which will now be 06 May 2017. The principal amount of the 2015 Notes being extended is £2,811,802. Please see the announcement on 20 May 2015 for terms of the notes.\nChallenger is also pleased to announce it has rais...