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AfriAg To Start Equity Swap Settlement Payments In June

15th Apr 2014 09:59

LONDON (Alliance News) - AfriAg PLC Tuesday said it had agreed to slightly modify the terms of the equity swap agreement it did with YA Global Master SPV Ltd last September, and monthly settlement payments will be deferred and now start June 1 and run for 12 months until May 31, 2015.

It said the first monthly settlement payment under the equity swap agreement will now be made on June 30.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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