EWC energy world corporation ltd
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News: EWC Energy World Corporation Enters Term Sheet With Standard Chartered Private Equity...

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    15/08/18
    09:45
    Post #: 34943769

    Aug 15 (Reuters) - Energy World Corporation Ltd (EWC) :

    • ENTERED BINDING TERM SHEET WITH STANDARD CHARTERED PRIVATE EQUITY (SINGAPORE) PTE
    • TERM SHEET FOR PROPOSED INVESTMENT IN EWC AND SCPE'S EXISTING US$50 MILLION EXCHANGEABLE CONVERTIBLE NOTE
    • EXISTING US$50 MILLION EXCHANGEABLE CONVERTIBLE NOTE PREVIOUSLY ISSUED BY EWC'S UNIT ENERGY WORLD PHILIPPINES HOLDINGS
    • SCPE TO RE-INVEST PROCEEDS OF EXISTING CONVERTIBLE NOTE INTO NEW INSTRUMENT STRUCTURED AS US$50 MILLION LOAN TO EWC, ISSUE OF WARRANTS BY EWC
    • LOAN HAS FINAL MATURITY 3 YEARS FROM DATE OF COMMENCEMENT OF LOAN WITH PRINCIPAL REPAYMENTS REQUIRED ON SPECIFIED DATES DURING LOAN TERM
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6.1¢ 		Change
0.002(3.39%) 		Mkt cap ! $187.8M
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Last trade - 16.10pm 22/08/2025 (20 minute delay) ?
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