TORONTO, June 19, 2024 /CNW/ - Advantex Marketing International Inc. (CNSX:ADX.CN) ("Advantex"), a leader in the merchant cash advance and loyalty marketing products for merchants, announced it has obtained requisite approval from holders of its 9% Senior Secured Non Convertible Debentures ("Debentures"), in the aggregate principal amount of $7,759,000 and maturing December 31, 2025, to defer the interest due in September 2024 where the deferred interest shall be paid in three equal instalments along with the regularly scheduled interest payments due over the remaining term of the Debentures, and to re-set Debentures financial covenants for quarter ending June 30, 2024 and September 30, 2024.
Read more at newswire.caAdvantex Announces Amendment to Debentures
Newswire.ca - Press Release
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
/Intel%20Corp_%20logo%20on%20mobile%20phone-by%20Piotr%20Swat%20via%20Shutterstock.jpg)
/An%20image%20of%20a%20Tesla%20humanoid%20robot%20in%20front%20of%20the%20company%20logo%20Around%20the%20World%20Photos%20via%20Shutterstock.jpg)
/Alphabet%20(Google)%20Image%20by%20Markus%20Mainka%20via%20Shutterstock.jpg)
/Nvidia%20logo%20by%20Konstantin%20Savusia%20via%20Shutterstock.jpg)
