PDA

View Full Version : BlackBerry extends key deadline to boost capital raise



Wireless News
12-13-2013, 09:50 AM
http://l2.yimg.com/bt/api/res/1.2/u9uS6hkUNEP0NK9exnhaVw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-12-13T134924Z_2_CBRE9BC127V00_RTROPTP_2_CBUSINESS-US-BLACKBERRY-DEBT.JPG (http://news.yahoo.com/blackberry-extends-key-deadline-boost-capital-raise-134525228--finance.html)TORONTO (Reuters) - BlackBerry Ltd, which recently concluded a $1 billion convertible debt offering, said it has agreed with its debtholders to extend an option deadline attached to the deal, giving potential investors a chance to buy up to a further $250 million in convertible debt. The struggling smartphone maker last month shelved plans to sell itself and instead opted to raise funds via a $1 billion notes offering led by Fairfax Financial Holdings, its largest shareholder. ...



More... (http://news.yahoo.com/blackberry-extends-key-deadline-boost-capital-raise-134525228--finance.html)