Reuters logo
3 months ago
BRIEF-Pareteum reaches agreement with senior secured debt lender reducing quarterly principal payments
May 2, 2017 / 12:26 PM / 3 months ago

BRIEF-Pareteum reaches agreement with senior secured debt lender reducing quarterly principal payments

1 Min Read

May 2 (Reuters) - Pareteum Corp

* Pareteum reaches agreement with senior secured debt lender reducing quarterly principal payments providing cashflow flexibility

* Pareteum corp -revised repayment schedule reduces principal repayments to $250,000 for second and third quarters of 2017 and $500,000 for q4 of 2017

* Pareteum corp says quarterly principal repayments for 2018 have also been materially reduced from $750,000 per quarter to $500,000 per quarter Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below