Extension of Bond Maturity Date
Quantum Blockchain Technologies Plc has extended the maturity of its €3.5m Zero-Coupon Bond, originally issued in 2020, from December 2026 to December 2028, with the sole bondholder MC Strategy S.A. The face value of the remaining bond is €2.873m, and all other terms, including the 3% yield to maturity, remain unchanged following a €1m partial conversion into shares in July 2023.
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€3.5m Zero-Coupon Bond – Maturity Extension to Dec 2028
Quantum Blockchain Technologies (AIM: QBT) announces that the Company has agreed with MC Strategy S.A. the sole Bondholder of the Company’s €3.5m Zero-Coupon Bond (“Bond”) issued in 2020 (as initially announced on 9 November 2020) and subsequently partially converted into QBT new ordinary shares for €1m on 7 July 2023, to further extend the maturity of the Bond from 15 December 2026 to 15 December 2028.
All other terms of the Bond, including the yield to maturity of 3%, remain unchanged.
The face value of the remaining Bond is €2.873m
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.