Jervois Global (ASX:JRV) said the majority holder of its $100 million in 12.5% senior secured bonds and lender of its working capital facility agreed to further extend the covenant waivers under the debt facilities to Dec. 14, according to a Wednesday filing with the Australian bourse.
The extension covers all financial covenants and certain potential cross-defaults and interest deferral with respect to the semi-annual payments, the filing stated.
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