QIN quintis ltd
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July 31 (Reuters) - Quintis Ltd (QIN) - Provides update on...

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    31/07/17
    10:55
    Post #: 26178633

    July 31 (Reuters) - Quintis Ltd (QIN) -

    • Provides update on company's 8.75% senior secured notes
    • Under terms of notes, a bi-annual interest payment of us$10.9 million is due to be made on 1 august 2017 & quintis does not expect to make this payment
    • Under terms of notes, a bi-annual interest payment of us$10.9 million is due to be made on 1 august 2017
    • Quintis remains in ongoing discussions with noteholders with respect to interest payment in order to resolve default by 30 august 2017
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