ATLAS Mara Limited Announces New Financing and Standstill Agreement - 12/29/2020

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Dec 29, 2020
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TORTOLA, BVI / ACCESSWIRE / December 14, 2020 / Atlas Mara Limited ("Atlas Mara" or the "Company," and including its subsidiaries, the "Group"), the sub-Saharan African financial services group, has entered into a new secured facility agreement (the "Facility") with a fund entity managed by UBS O'Connor LLC (the "Lender") and entered into a standstill agreement with certain creditors in respect of the Company's and ABC Holdings Limited's ("ABCH") financing arrangements (the "Standstill").