Brief: Westport Fuel Systems Announces Refinancing Of Convertible Notes With Cartesian Capital Group
24/07/2020 13:51
July 24 (Reuters) - Westport Fuel Systems Inc WPRT.TO :
* WESTPORT FUEL SYSTEMS ANNOUNCES REFINANCING OF CONVERTIBLE
NOTES
WITH CARTESIAN CAPITAL GROUP
* WESTPORT FUEL SYSTEMS - HAS AGREED TO PAY DOWN PRINCIPAL
AMOUNT
OF EXISTING CONVERTIBLE NOTES FROM USD $17.5 MILLION TO USD $10
MILLION
* WESTPORT FUEL SYSTEMS - CONCURRENT WITH REPAYMENT,
MATURITY OF
REMAINING AMENDED NOTES WILL BE EXTENDED TO 3 YRS FROM DATE OF
AMENDMENTS
Source text for Eikon: ID:nGNX4gryTR
Further company coverage: WPRT.TO
((Reuters.Briefs@thomsonreuters.com;))
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