Brief: CWT International Updates On Debt Restructure Plan
03/09/2020 12:38
Sept 3 (Reuters) - CWT International Ltd 0521.HK :
* CWT INTERNATIONAL UPDATES ON DEBT RESTRUCTURE PLAN
* HNA GROUP (INTERNATIONAL) CO ADVANCED PRINCIPAL AMOUNT OF
HK$716
MILLION TO CO
* ARRANGED FOR PAYMENT OF OUTSTANDING PRINCIPAL AND INTEREST
DUE
UNDER FACILITY AGREEMENT IN FULL
* PURSUANT TO PROMISSORY NOTE, CO PROMISES TO PAY TO ORDER
OF HNA
GROUP (INTERNATIONAL) PRINCIPAL SUM AND INTEREST
* FOREGOING PAYMENT WAS FUNDED PURSUANT TO A PROMISSORY NOTE
BETWEEN CO & HNA GROUP (INTERNATIONAL) CO
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(Reuters.Briefs@thomsonreuters.com)
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