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02 Sep 2019 | 07:34

Matomy Media investors plan meeting to demand bond repayments

Matomy Media said trustee of its bondholders would convene a meeting, at the request of a few bondholders, to be held this Thursday.

On the agenda of such meeting was a resolution of a contingent demand of an immediate repayment of the bonds.

If the bondholders approve the resolution, it would demand an immediate and full repayment of the bonds, should a partial early repayment of worth $5.5m, or a planned equity investment into the company not occur.

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