Ingress gets second extension
Creditors have agreed to the six-month extension that Ingress sought on its M$160m (US$47m) Islamic issue. The agreement, given at an extraordinary general meeting held on January 6, will push the maturity date to July 9 2010. This will be the borrower’s second extension, following the one gived in June 2009 that pushed the maturity date from July 9, 2009 to January 9, 2010.
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