ION announces entry into restructuring support agreement for its Second Lien Notes

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Dec 23, 2020
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-- Exchange Offer for New Convertible Second Lien Notes provides opportunity to extend maturity 4 years and significantly reduce debt upon conversion

-- Existing shareholders have opportunity to participate in New Convertible Second Lien Notes or additional shares through concurrent Rights Offering

-- Company intends to hold special meeting to approve transactions in February and consummate the offers as soon as practicable thereafter

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