BRIEF-Logan Group Says It Entered Into Holistic Creditor Support Agreement With Ad Hoc Group

Reuters
10 Jan
BRIEF-Logan Group Says It Entered Into Holistic Creditor Support Agreement With Ad Hoc Group

Jan 10 (Reuters) - Logan Group Co Ltd 3380.HK:

  • ENTRY INTO HOLISTIC CREDITOR SUPPORT AGREEMENT- WITH AD HOC GROUP

  • REACHED AN AGREEMENT ON CREDITOR SUPPORT AGREEMENT DATED 10 JANUARY IN RELATION TO HOLISTIC RESTRUCTURING PROPOSAL

  • TO PAY EARLY-BIRD CSA FEE TO EACH CONSENTING CREDITOR EQUAL TO 0.125% OF AGGREGATE PRINCIPAL AMOUNT OF OFFSHORE DEBT HELD

Further company coverage: 3380.HK

((Reuters.Briefs@thomsonreuters.com;))

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