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BRIEF-Rooster Energy says holders have refused to amend forbearance agreement and/or extend standstill period
March 13, 2017 / 10:14 PM / 9 months ago

BRIEF-Rooster Energy says holders have refused to amend forbearance agreement and/or extend standstill period

March 13 (Reuters) - Rooster Energy Ltd

* Rooster energy ltd- holders have refused to amend forbearance agreement and/or extend standstill period

* Rooster energy ltd- negotiations continue to restructure terms and conditions of second amendment and company’s obligations thereunder

* Rooster energy- pursuant to amendment, if restructuring agreement is reached before march 24, then holders to waive additional interest at 8% p.a. Payable in kind Source text for Eikon: Further company coverage:

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