Brief: Allegiance Coal Says To Issue A Secured Convertible Note To Collins Street Convertible Note Fund
24/05/2022 08:38
May 24 (Reuters) - Allegiance Coal Ltd AHQ.AX :
* AGREED TO ISSUE A SECURED CONVERTIBLE NOTE TO COLLINS
STREET
CONVERTIBLE NOTE FUND
* SECURED CONVERTIBLE NOTE RAISES A$42.9 MILLION
* NOTE ENABLES ALLEGIANCE TO REPAY ITS LOAN FROM NEBARI
NATURAL
RESOURCES CREDIT FUND LP AND TO STRENGTHEN ITS WORKING CAPITAL
Source text for Eikon: ID:nASX2py9hP
Further company coverage: AHQ.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Allegiance Coal
See all newsBrief: Mcgrathnicol Says Creditors Resolved That Allegiance Coal Limited Be Wound Up
Brief: Mcgrathnicol Says Appointment Of Voluntary Administrators And Trading Halt
Brief: Allegiance Coal Says Made Decision To Pivot Back To Met Coal Production At Both Operating Mines
Brief: Allegiance Coal Says Clean Coal Production In Q2 FY23 Significantly Higher Than Last Year
Brief: Allegiance Coal Says New Elk Production Disappointing In Nov