Crown Cap (TSE:CRWN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Crown Capital has announced proposed amendments to the terms of their debentures, including an extension of the maturity date and changes to the interest rate and payment schedule. In addition, they are offering a cash incentive for debentureholders to vote on these resolutions and have provided security for debenture repayment by charging their assets in favor of the Indenture Trustee.
For further insights into TSE:CRWN stock, check out TipRanks’ Stock Analysis page.