Brief: EMGS To Propose To Bondholders To Extend Maturity Date For Convertible Bond

Voim ASA

27/01/2022 07:25

Jan 27 (Reuters) - Electromagnetic Geoservices ASA
 EMGS.OL :
    * REG-EMGS: EXTENSION OF MATURITY DATE FOR CONVERTIBLE BOND
    * ELECTROMAGNETIC GEOSERVICES ASA - TO PROPOSE TO
BONDHOLDERS TO
EXTEND MATURITY DATE BY 24 MONTHS FROM MAY 2023 TO MAY 2025
    * ELECTROMAGNETIC GEOSERVICES ASA - WILL ALSO PROPOSE TO
INCREASE
EMGS03 INTEREST MARGIN BY 100 BPS TO 6.5 PER CENT.

Source text for Eikon:  ID:nGNE4GXhpc 
Further company coverage:  EMGS.OL 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))