SEC urges CV251A bondholders to review information, exercise rights at upcoming meeting on 8 January 2025. CV considers maturity extension, interest rate increase, partial principal payment, and waiver of default event.
Key proposals under consideration include extending the bond’s maturity, increasing the interest rate, implementing a partial principal repayment, and seeking approval for a waiver of the default event. Bondholders are urged to exercise their rights and voice their positions on these critical matters.
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Source : SEC encourages CV251A bondholders to exercise their rights at the upcoming bondholders’ meeting
