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9 months ago
BRIEF-Cordlife commences consent solicitation exercise to seek approval of noteholders
October 13, 2016 / 1:27 AM / 9 months ago

BRIEF-Cordlife commences consent solicitation exercise to seek approval of noteholders

1 Min Read

Oct 13 (Reuters) - Cordlife Group Ltd :

* Ccommenced a consent solicitation exercise to seek approval of noteholders for certain proposals

* Proposes to provide a new financial covenant to trustee based on amount of cash and cash equivalents held by company

* Consent solicitation exercise by cordlife group limited in relation to s$120 million 4.90 per cent. Notes due 2017

* Company would like to have flexibility to redeem notes ahead of their scheduled maturity date Source text for Eikon: Further company coverage:

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