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News: RRS Range Resources Updates On Proposed Debt Restructuring Agreements With Landocean Energy...

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    26/07/19
    10:10
    Post #: 39703639

    July 26 (Reuters) - Range Resources Ltd (RRS) :

    • DEBT RESTRUCTURING WILL NOT PROCEED ON TERMS ANNOUNCED ON 18 MARCH 2019
    • TOTAL CURRENT OUTSTANDING BALANCE PAYABLE TO LANDOCEAN IS ABOUT US$91 MILLION
    • CONTINUES ITS NEGOTIATIONS WITH LANDOCEAN TO AGREE REVISED TERMS FOR OUTSTANDING PAYABLE BALANCE, INCLUDING CONVERTIBLE NOTE
    • TO TERMINATE FURTHER NEGOTIATIONS ON PROPOSED ACQUISITION OF INTEREST IN A PRE-SCHOOL EDUCATIONAL BUSINESS OPERATING IN CHINA
    • UPDATES ON PROPOSED DEBT RESTRUCTURING AGREEMENTS WITH LANDOCEAN ENERGY SERVICES CO., LTD.

    Source text : http://bit.ly/30XkiOI

    (([email protected];))

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