Brief: Santhera: Results Of Bondholders’ Meeting

Santhera Pharmaceuticals Holding AG

09/03/2021 06:10

March 9 (Reuters) - Santhera Pharmaceuticals Holding AG
 SANN.S :
    * SANTHERA ANNOUNCES RESULTS OF BONDHOLDERS’ MEETING
    * REQUIRED THRESHOLD OF 2/3 OF ALL BONDS OUTSTANDING TO PASS
SUCH
RESOLUTIONS WAS NOT MET
    * BONDHOLDERS MAY STILL CAST THEIR VOTE FOR RESOLUTION THAT
WOULD
ENABLE A RESTRUCTURING OF CHF 60 MILLION 5% CONVERTIBLE BONDS
DUE 2022
    * SANTHERA HAS CALLED AN EXTRAORDINARY GENERAL MEETING OF
SHAREHOLDERS TO BE HELD ON MARCH 18, 2021
    * BOARD WILL PROPOSE TO SHAREHOLDERS, AMONG OTHER ITEMS,
AUTHORIZATION AND ISSUANCE OF SHARES REQUIRED TO RESTRUCTURE ITS
OUTSTANDING BONDS

Source text for Eikon:  ID:nGNE4qDZfV 
Further company coverage:  SANN.S 

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