💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadExplore for free

BRIEF-NYX Gaming announces commitment for debt refinancing, debenture redemption

Published 2017-06-23, 07:17 a/m
© Reuters.  BRIEF-NYX Gaming announces commitment for debt refinancing, debenture redemption
NYX
-

June 23 (Reuters) - NYX Gaming Group Ltd NYX.V :

* NYX Gaming Group announces commitment for debt refinancing and debenture redemption

* NYX Gaming Group Ltd - has entered into a commitment with ares management limited to refinance its existing debt

* NYX Gaming Group Ltd - company plans to repay its 6% unsecured convertible debentures and all outstanding amounts of its revolving credit facility

* NYX Gaming Group Ltd - transaction is expected to close in july 2017

* NYX Gaming Group Ltd - redemption of all of company's outstanding 11.0% senior secured series a debentures, 11.0% senior secured series b debentures

* NYX Gaming Group Ltd - redemption of all of company's outstanding 11.0% senior secured Series C debentures, each with a due date of December 31, 2019

* NYX Gaming Group Ltd - revolving credit facility will be expanded to £15.0 million to provide increased financial flexibility Source text for Eikon: ID:nCNWhJ2fZa Further company coverage: NYX.V

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.