+ Follow CONSUMER BANK AND PSI TECHNOLOGIES Tag
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[Title] => RFM settles in full $65-M bond issue
[Summary] => Awash with cash, RFM Corp. announced yesterday that it has settled its $65-million bond issued in 1996, paying the remaining balance of $18 million last week.
In a disclosed statement, RFM said the convertible bond fell due on May 30, 2001 with a total payable amount of $83 million, including the put premium.
At that time, RFM said it was able to work on a reduction of its obligation through bonds buy-back and refinancing arrangements that resulted in a reduction of the outstanding bond obligation to $56 million.
[DatePublished] => 2002-01-30 00:00:00
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[ArticleID] => 92586
[Title] => RFM to meet its bond obligations
[Summary] => RFM Corp. and its wholly owned subsidiary, RFM Capital Ltd., disclosed that it has started initial discussions with bondholders, where RFM gave the assurance that it shall fully meet its obligations to the bondholders, and that it shall immediately allocate, through an escrow fund in favor of the bondholders, the proceeds from the recent sale of its shares in Consumer Bank and Psi Technologies and its tuna brand which should total to around $38 million.
[DatePublished] => 2001-07-09 00:00:00
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[ArticleID] => 95704
[Title] => RFM to meet its bond obligations
[Summary] => RFM Corp. and its wholly owned subsidiary, RFM Capital Ltd., disclosed that it has started initial discussions with bondholders, where RFM gave the assurance that it shall fully meet its obligations to the bondholders, and that it shall immediately allocate, through an escrow fund in favor of the bondholders, the proceeds from the recent sale of its shares in Consumer Bank and Psi Technologies and its tuna brand which should total to around $38 million.
[DatePublished] => 2001-07-09 00:00:00
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CONSUMER BANK AND PSI TECHNOLOGIES
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[ArticleID] => 148848
[Title] => RFM settles in full $65-M bond issue
[Summary] => Awash with cash, RFM Corp. announced yesterday that it has settled its $65-million bond issued in 1996, paying the remaining balance of $18 million last week.
In a disclosed statement, RFM said the convertible bond fell due on May 30, 2001 with a total payable amount of $83 million, including the put premium.
At that time, RFM said it was able to work on a reduction of its obligation through bonds buy-back and refinancing arrangements that resulted in a reduction of the outstanding bond obligation to $56 million.
[DatePublished] => 2002-01-30 00:00:00
[ColumnID] => 133272
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[AuthorName] =>
[SectionName] => Business
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(
[ArticleID] => 92586
[Title] => RFM to meet its bond obligations
[Summary] => RFM Corp. and its wholly owned subsidiary, RFM Capital Ltd., disclosed that it has started initial discussions with bondholders, where RFM gave the assurance that it shall fully meet its obligations to the bondholders, and that it shall immediately allocate, through an escrow fund in favor of the bondholders, the proceeds from the recent sale of its shares in Consumer Bank and Psi Technologies and its tuna brand which should total to around $38 million.
[DatePublished] => 2001-07-09 00:00:00
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[AuthorName] =>
[SectionName] => Business
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(
[ArticleID] => 95704
[Title] => RFM to meet its bond obligations
[Summary] => RFM Corp. and its wholly owned subsidiary, RFM Capital Ltd., disclosed that it has started initial discussions with bondholders, where RFM gave the assurance that it shall fully meet its obligations to the bondholders, and that it shall immediately allocate, through an escrow fund in favor of the bondholders, the proceeds from the recent sale of its shares in Consumer Bank and Psi Technologies and its tuna brand which should total to around $38 million.
[DatePublished] => 2001-07-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
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abtest
January 30, 2002 - 12:00am
