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BRIEF-Centric health announces early conversion of July 2017 convertible notes and April 2018 convertible loan
March 2, 2017 / 12:28 PM / 9 months ago

BRIEF-Centric health announces early conversion of July 2017 convertible notes and April 2018 convertible loan

March 2 (Reuters) - Centric Health Corp

* Centric health announces early conversion of July 2017 convertible notes and April 2018 convertible loan and signs indicative term sheet for refinancing of remainder of outstanding borrowings

* Centric Health Corp says conversion of two debt instruments, in aggregate, further reduces Centric Health’s outstanding debt by $14.08 million

* Centric Health Corp says an aggregate of $9.1 million of principal was converted into 17.5 million shares of company at conversion price of $0.52 per common share

* Centric Health Corp says an aggregate of $5 million of principal was converted into about 10.9 million common shares of co at $0.46 per common share

* Centric Health says signed indicative term sheet with tier-one Canadian bank for proposed credit facility, would enable co to repay remaining outstanding borrowings Source text for Eikon: Further company coverage:

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