Brief: Borqs Technologies Enters Into Agreements To Extinguish Debt Totaling About$18 Million
24/12/2020 19:01
Dec 24 (Reuters) - Borqs Technologies Inc BRQS.O :
* BORQS TECHNOLOGIES ENTERS INTO AGREEMENTS TO EXTINGUISH DEBT TOTALING
APPROXIMATELY $18 MILLION AND TO ELIMINATE INSTITUTIONAL LOANS
* BORQS TECHNOLOGIES INC - LMFA WILL CONVERT PURCHASED DEBT INTO COMMON
SHARES OF
COMPANY, PURSUANT TO A COURT ORDER
Source text for Eikon: ID:nGNXBK0zm
Further company coverage: BRQS.O
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