Crown Capital’s Debenture Amendments and Default Waiver

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Crown’s debenture holders approved amendments to extend maturity and raise interest rates.
Crown received a waiver for a past interest payment default, ensuring financial stability.
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Crown Capital’s Debenture Amendments and Default Waiver

Crown Cap (TSE:CRWN) has released an update.

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Crown Capital Partners announced that its debenture holders approved amendments to extend the maturity date and increase the interest rate of its unsecured subordinated debentures. The company also received a waiver for a previous interest payment default, ensuring continued stability in its financial operations.

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