Brief: Ncondezi Energy Says Seritza Loan Restructuring Agreed "In Principle"

Solgenics

11/07/2022 11:36

July 11 (Reuters) - Ncondezi Energy Ltd  NCCL.L :
    * NCONDEZI ENERGY LTD  - SERITZA LOAN RESTRUCTURING AGREED
"IN
PRINCIPLE"
    * NCONDEZI ENERGY : "IN PRINCIPLE" AGREEMENT REACHED WITH
SERITZA
TO RESTRUCTURE WORKING CAPITAL FACILITY TERM LOAN  TO A
CONVERTIBLE LOAN NOTE
    * NCONDEZI ENERGY LTD - SERITZA HAS AGREED NOT TO CALL LOAN
BEFORE
END OF JULY 2022 WHILST RESTRUCTURING AGREEMENTS ARE FINALISED

Source text for Eikon:  ID:nRSK9928Ra 
Further company coverage:  NCCL.L 

 ((Reuters.Briefs@thomsonreuters.com;))