Invacare Publicizes Additional Draw Of Time Period Loans > 자유게시판

ELYRIA, Ohio - Invacare has introduced the consummation of additional draws of an aggregate of $18.5 million of time period loans pursuant to its credit agreement with certain funds managed by Highbridge Capital Management. Further commitments of $19.5 million remain obtainable under the Amended Highbridge Mortgage Settlement, subject to the satisfaction of certain conditions set forth therein. Concurrently with the extra draws, the company consummated the additional closings underneath the trade agreements beforehand entered into with Highbridge and exchanged $13.825 million in aggregate principal quantity of 4.25% convertible senior notes due 2026 for (i) $5.186 million in aggregate principal amount of additional 5.68% convertible senior secured notes due 2026, Tranche I, and (ii) $5.183 million in aggregate principal amount of extra 5.68% convertible senior secured notes due 2026, Tranche II.

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