Brief: Freeman FinTech Notice Of Event Of Default Received From Huarong Macau In Relation To Convertible Bonds
29/04/2019 14:13
April 29 (Reuters) - Freeman FinTech Corporation Ltd
0279.HK :
* ON 26 APRIL 2019, COMPANY RECEIVED A NOTICE OF EVENT OF
DEFAULT
FROM HUARONG MACAU IN RELATION TO CONVERTIBLE BONDS
* HUARONG MACAU ALLEGED EVENT MENTIONED IN DEMAND
ANNOUNCEMENTS
CONSTITUTED A CROSS- DEFAULT, THEREFORE CONSTITUTED AN EVENT OF
DEFAULT
* AS STATED IN EOD NOTICE, OUTSTANDING PRINCIPAL AMOUNT IN
RELATION TO CONVERTIBLE BONDS IS $99 MILLION
Source text for Eikon: ID:nHKS4CfQrP
Further company coverage: 0279.HK
((Reuters.Briefs@thomsonreuters.com;))
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