Brief: Capstone Green Energy Enters Dip Note Purchase Deal For $30 Mln In Debtor-In-Possession Notes

Capstone Green Energy

03/10/2023 22:26

Oct 3 (Reuters) - Capstone Green Energy Corp  CGRN.O :
    * CAPSTONE GREEN ENERGY CORP - ON OCT 2, ENTERED INTO DIP
NOTE
PURCHASE AGREEMENT, WHICH PROVIDES FOR $30.0 MILLION IN
DEBTOR-IN-POSSESSION NOTES
    * CAPSTONE GREEN ENERGY CORP - ON OCTOBER 2, ISSUED, AND
PURCHASER
FUNDED, $27.0 MILLION IN DEBTOR-IN-POSSESSION NOTES
    * CAPSTONE GREEN ENERGY CORP - PROCEEDS OF NEW MONEY DIP
NOTES
WILL BE USED TO FUND RESTRUCTURING EXPENSES

Further company coverage:  CGRN.O 

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