⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

BRIEF-Centric health announces early conversion of July 2017 convertible notes and April 2018 convertible loan

Published 2017-03-02, 07:26 a/m
© Reuters.  BRIEF-Centric health announces early conversion of July 2017 convertible notes and April 2018 convertible loan
CRRX
-

March 2 (Reuters) - Centric Health Corp CHH.TO

* Centric health announces early conversion of July 2017 convertible notes and April 2018 convertible loan and signs indicative term sheet for refinancing of remainder of outstanding borrowings

* Centric Health Corp says conversion of two debt instruments, in aggregate, further reduces Centric Health's outstanding debt by $14.08 million

* Centric Health Corp says an aggregate of $9.1 million of principal was converted into 17.5 million shares of company at conversion price of $0.52 per common share

* Centric Health Corp says an aggregate of $5 million of principal was converted into about 10.9 million common shares of co at $0.46 per common share

* Centric Health says signed indicative term sheet with tier-one Canadian bank for proposed credit facility, would enable co to repay remaining outstanding borrowings Source text for Eikon: Further company coverage: CHH.TO

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.