RE: iof25 May 2021 09:26
Still the biggest winners are First Financial Bank.
"Additionally, if the Group generates excess cash flow in 2021 or 2022, as detailed in the Facility, Iofina is required to use 25% of such excess cash flow to prepay the term loan, with such prepayments due 30 June 2022 and 2023. These agreements will be in full effect once the funds, which have been wired, are received by the current debt holders."RNS Number : 6416Z