Brief: Cwt International Updates On Debt Restructure Plan
03/08/2020 12:47
Aug 3 (Reuters) - CWT International Ltd 0521.HK :
* AGREED WITH ORIGINAL LENDERS TO PROVIDE FURTHER PERIOD OF
30
DAYS FROM CURRENT MATURITY DATE UNDER FACILITY AGREEMENT TO 4
SEPT
* ORIGINAL LENDERS AGREED THAT ABOVE ARRANGEMENTS WILL NOT
CONSTITUTE OR RESULT IN ANY DEFAULT UNDER FACILITY AGREEMENT
* IN ONGOING TALKS WITH INDEPENDENT THIRD PARTY ON
REFINANCING
FACILITY FOR REPAYMENT OF PRINCIPAL AND INTEREST OF FACILITY
AGREEMENT
Source text https://bit.ly/2BWPFC4
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