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0.0108303249097474 0.00850954100051571 -0.00232078390923154 -0.0230789066529139 -0.0691077875193398 -0.0649819494584837 -0.0613460546673542 -0.119546157813306
Stock impact report

CBD Energy Limited Reports Progress on Balance Sheet Restructuring

CBD ENERGY LTD ORDINARY SH (CBDE) 
Company Research Source: Business Wire
$7,000,000 of previously-issued convertible notes converted to equity Maturity date of balance of convertible debt extended to December 31, 2015 Balance sheet restructure sees positive $16,000,000 equity impact NEW YORK & SYDNEY--(BUSINESS WIRE)-- CBD Energy Limited (NASDAQ: CBDE), a diversified clean energy company and leading global provider of solar systems, provided an update on its balance sheet restructuring efforts leading up to and subsequent to its recent listing on the Nasdaq Capital Market. $7.0M of the convertible notes previously issued by CBDE have been converted into equity contemporaneously with the Company’s listing on Nasdaq. The terms of the convertible notes held by major shareholder Washington H. Soul Pattinson and Company Limited (WHSP) have been renegotiated; the maturity date of the notes has Show less Read more
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