Tue 09/06/2022 12:07 PM
Some bondholders of Convene Group are considering options to realize value from their holdings including a potential enforcement on the Norwegian medical payments company’s 1 billion Norwegian kroner ($100 million) 5.5% floating rate senior secured bond due on Oct. 30, sources told Reorg.
According to sources, the company has not been engaging with creditors. In financial results last month it
warned there was “significant doubt” it could continue as a going concern.
Convene,...
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