Investegate |Nabis Holdings Inc. Announcements | Nabis Holdings Inc.: Nabis Holdings Inc. Announces Amendment to Recapitalization Transaction
Proposal”) under the Bankruptcy and Insolvency Act (Canada) (the “ BIA”), pursuant to which the Company will implement a recapitalization of the Company’s outstanding CDN$35 million principal amount of 8.0% unsecured convertible debentures (the “ Debentures”) and all other debts of the Company (the “ Recapitalization”). The amended proposal (the “ Amended Proposal”) was made with the support of the holders of Debentures who were party to the previously announced support agreement in respect of the Recapitalization. A full copy of the Amended Proposal is available from KSV...
Source: investegate.co.uk