Atlas Mara Ltd - sub-Saharan Africa bank investor - Notifies bondholders that it has entered into a new secured facility agreement with a fund entity managed by UBS O'Connor LLC as well as a standstill agreement with creditors for its financing arrangements. Included in the standstill agreement are "an ad hoc group of bondholders representing over 50% by value of the bonds".
Current stock price: USD0.33
Year-to-date change: down 70%
By Anna Farley; annafarley@alliancenews.com
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