Brief: Ascent Solar reaches amendment agreement with senior secured convertible note holder
23/11/2015 14:16
Nov 23 (Reuters) - Ascent Solar Technologies Inc ASTI.O : * Reaches amendment agreement with senior secured convertible note holder; agreement moves company one step forward to fully retiring all outstanding senior secured debt * Now agreed to make cash payment of $1.0 million to note holder on December 21, 2015 in lieu of original payable amount of $2.8 million * Agreed to reinstate $1.8 million portion of outstanding notes with substantially all of current and existing conversion rights and terms * Source text for Eikon ID:nMKWXx3Fsa * Further company coverage ASTI.O ((Bengaluru Newsroom; +1 646 223 8780))