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News: QIN Quintis updates on forbearance agreement with noteholders

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    03/11/17
    14:20
    Post #: 28477734

    Nov 3 (Reuters) - Quintis Ltd (QIN)

    • updates on forbearance agreement with noteholders
    • amended and restated forbearance agreement was executed with same majority of noteholders which extended deadline on certain events to 3 Nov
    • a majority of noteholders has agreed to extend deadline on these events to 10 november 2017.
    • a majority of noteholders has further agreed to amend terms to reduce minimum aggregate cash balance to a$10.0 million
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