Common Contracts
1 similar Mezzanine Facility Agreement contracts
DISCLOSEABLE TRANSACTION MEZZANINE FACILITY AGREEMENT WITH CONDITIONAL OPTIONMezzanine Facility Agreement • January 15th, 2019
On 24 June 2022, the Borrower (as borrower), the Mezzanine Lender (as original lender), the Security Agent (as arranger and security agent) entered into the Mezzanine Facility Agreement, pursuant to which the Mezzanine Lender agreed to, among other things, make available the Mezzanine Facility in an aggregate principal amount of up to HK$894,000,000 to the Borrower with the Option (exercisable at the discretion of the Mezzanine Lender upon satisfaction of certain conditions) to convert the Mezzanine Loan into all of the issued shares in the Borrower. Upon the exercise of the Option, the Borrower will cause all of the issued shares in the Borrower and any loans owing by the Borrower to the Company to be transferred to the Mezzanine Lender on the Conversion Date.
