May 9 (Reuters) - Blue Sky Alternative Investments Ltd (BLA) :
- UPDATES ON COVENANTS UNDER CONVERTIBLE NOTE FACILITY WITH OAKTREE CAPITAL MANAGEMENT, L.P.
- REVIEW CONFIRMED THAT CO WAS IN BREACH OF MINIMUM RECURRING CASH EBITDA COVENANT AS AT MARCH 31, 2019
- IN DISCUSSIONS WITH OAKTREE TO VARY/RESTRUCTURE COVENANTS AND NO AGREEMENT HAS BEEN REACHED AT THIS STAGE