Itafos Announces Borrowing of Convertible Unsecured Subordinated Debt in the Amount of US$15,000,000

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TORONTO, Sept. 11, 2019 (GLOBE NEWSWIRE) — Itafos (TSX VENTURE: IFOS) (the “Company”) announced today that it has borrowed US$15,000,000 from CL Fertilizers Holding LLC (“CLF”) in the form of convertible unsecured subordinated debt. The debt is evidenced by an unsecured and subordinated promissory note issued by the Company in favor of CLF in the …

The post Itafos Announces Borrowing of Convertible Unsecured Subordinated Debt in the Amount of US$15,000,000 appeared first on ForexTV.

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