Business
Major Amendments of Convertible Notes
Major Amendments of Convertible Notes.
About this update from Cindrigo Holdings Limited
[{"type":"text","content":"\n \nRNS Number : 3971E Challenger Acquisitions Limited 08 May 2017 \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 8 May 2017 \n \nChallenger Acquisitions Limited\n(\"Challenger\" or the \"Company\")\n \nMajor Amendments of Convertible Notes\n \nChallenger Acquisitions Limited (LSE: CHAL), is pleased to announce changes to its outstanding convertible notes:\n \n· The three note holders of the unsecured convertible note issued by the Company (see RNS dated 26 April 2016 and 20 May 2015) totaling £1,126,600 have agreed to extend the date of maturity to 6 May 2018 and to receive interest upon conversion of the note or on the maturity date, instead of on a quarterly basis.\n \n· The holder of the unsecured convertible note issued by the Company (see RNS dated 26 April 2016) totaling £500,000 has agreed to receive interest upon conversion of the note or on the maturity date, instead of on a quarterl...