Brief: Beneficient Announces Strategy To Eliminate Hclp Debt And Heppner Equity Interests
BRIEF-Beneficient Announces Strategy To Eliminate Hclp Debt And Heppner Equity Interests Sept 23 (Reuters) - Beneficient BENF.O:
BENEFICIENT ANNOUNCES STRATEGY TO ELIMINATE HCLP DEBT AND HEPPNER EQUITY INTERESTS
BENEFICIENT - STRATEGY INCLUDES ELIMINATION OF $130 MILLION HCLP DEBT
BENEFICIENT - TERMINATES HEPPNER AGREEMENTS AND EXTINGUISHES $88 MILLION OWED
BENEFICIENT - CONVERTS $850 MILLION HEPPNER PREFERRED EQUITY INTO 162,132 CLASS A SHARES
Source text: ID:nGNX3GgdsW
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