Bondholders Approve Amendments to Fourcore Tech Finance Bond Terms

Fourcore Tech Finance Ltd. has announced changes to its bond terms after obtaining unanimous approval from bondholders. The changes are part of a broader restructuring effort for the company, which aims to improve its financial stability and future prospects.

The key amendment includes the extension of the bond's maturity date to 16 September 2029. Additionally, the interest rate will increase from 10% to 10.25% per annum, effective from 28 February 2026. The next interest payment is due on 16 September 2026.

The voting process took place between 18 and 20 February 2026. The implementation of these changes will occur after the statutory avoidance period and upon attachment of the amended terms to the global certificate. Further updates will follow regarding these alterations.