BLA 0.00% 18.5¢ blue sky alternative investments limited

May 9 (Reuters) - Blue Sky Alternative Investments Ltd (BLA) :...

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    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
 
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Currently unlisted public company.

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