TORONTO, Dec. 13, 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 March 2025 where the deferred interest shall be paid in two 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 December 31, 2024 and March 31, 2025.
Read more at newswire.caAdvantex Announces Amendment to Debentures
Newswire.ca - Press Release
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