Brief: Cordlife commences consent solicitation exercise to seek approval of noteholders

Cordlife

13/10/2016 24:48

Oct 13 (Reuters) - Cordlife Group Ltd  CORD.SI  :  
    * Ccommenced a consent solicitation exercise to seek 
approval of noteholders for certain proposals 
    * Proposes to provide a new financial covenant to trustee 
based on amount of cash and cash equivalents held by company 
    * Consent solicitation exercise by cordlife group limited in 
relation to s$120 million 4.90 per cent. Notes due 2017 
    * Company would like to have flexibility to redeem notes 
ahead of their scheduled maturity date 
 
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Further company coverage:  CORD.SI  
 
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