March 17 (Reuters) - MOBA Network AB MOBA.ST:
M.O.B.A. NETWORK REACHES AGREEMENT WITH COMMITTEE OF BONDHOLDERS FOR CERTAIN AMENDMENTS TO THE TERMS AND CONDITIONS FOR ITS BONDS
EXTENDS FINAL BOND MATURITY DATE TO 26 FEBRUARY 2028
CANCELS EUR 5 MILLION OF BONDS HELD BY GROUP COMPANY
NOT REQUIRED TO MAKE INTEREST PAYMENTS ON 26 MAY AND 26 AUGUST 2026
INCREASES MAINTENANCE COVENANT TO 4.50:1 NET DEBT TO EBITDA
Source text: ID:nMFN5NMDxS
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