Brief: Shift Technologies Inc To Not To Make Interest Payment On Its 4.75% Convertible Senior Notes Due 2026
May 16 (Reuters) - Shift Technologies Inc SFT.O :
* SHIFT TECHNOLOGIES INC - ON MAY 15, CO ELECTED NOT TO MAKE
INTEREST PAYMENT ON ITS 4.75% CONVERTIBLE SENIOR NOTES DUE 2026
IN AMOUNT OF $3.6 MILLION
* SHIFT TECHNOLOGIES INC - CO AND ITS ADVISORS PLAN TO
COMMUNICATE
WITH DEBT HOLDERS TO EXPLORE RESTRUCTURING OPTIONS
Source text for Eikon: ID:
Further company coverage: SFT.O
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