BRIEF-MBAC Fertilizer agreed with investment fund to extend maturity date of portion of loan

Tue Mar 1, 2016 5:40pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

March 1 (Reuters) - Mbac Fertilizer Corp

* Could also extend maturity date of the portion of bridge loan due on Feb 29 to a later date as parties may mutually agree

* Mbac provides update on its strategic review process

* To extend maturity date of portion of bridge loan due Feb 29 to earlier of may 30 and termination of LOI regarding potential recapitalization

* Has agreed with investment fund to extend maturity date of portion of bridge loan due on February 29, 2016 Source text for Eikon: Further company coverage: