Brief: Cadiz announces agreements to extend maturities of existing debt

Cadiz

24/11/2015 14:43

Nov 24 (Reuters) - Cadiz Inc  CDZI.O : 
 * Announces agreements with senior lenders and convertible note holders to 
   extend maturities of existing debt 
 * Says agreement grants co right to extend maturity date of $40 million first 
   tranche of its mortgage debt from March 2016 to June 2017 
 * Also entered into agreements to exchange minimum of $40 million in 
   outstanding convertible notes due March 2018 for similar notes due March 2020 
 
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