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View Full Version : Zenith Infotech Defaults on $33 Million of Dollar Convertibles - Bloomberg



NewsWhore
10-13-2011, 04:10 PM
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Zenith Infotech Defaults on $33 Million of Dollar Convertibles (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGYOIumMy4vm_PXCtdwNfcOPnODGA&url=http://www.bloomberg.com/news/2011-10-13/zenith-infotech-defaults-on-33-million-of-dollar-convertibles.html)
Bloomberg
“The company has defaulted on its $33 million foreign- currency convertible bonds, which were due on Sept. 21,” Zenith said in a statement to stock exchanges yesterday. It continues to be in negotiations with bondholders to extend the period for ...

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