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Article: Qiao Xing Universal Telephone, Inc. Restructured Its 2006 Unsecured Convertible Notes.
- Article from:
- Telecommunications Weekly
- Article date:
- November 18, 2009
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Qiao Xing Universal Telephone, Inc. (NASDAQ:XING) (the "Company") announced that the Company has completed the restructuring of its unsecured convertible notes in the aggregate principal amount of USD26 million issued on October 31, 2006 ("the 2006 Notes").
The Company and the two holders of the 2006 Notes started negotiations with respect to the restructuring prior to the Maturity Date and agreed to the basic terms and conditions for the restructuring in June 2009 ("June Terms").
Pursuant to the Amendment and Exchange Agreement, dated as of November 3, 2009, the Company has issued to the 2006 Noteholders new non-interest bearing notes in the aggregate ...
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Article: Qiao Xing Universal Telephone, Inc. ...
PR Newswire;
January 19, 2009 ;
700+ words
... ... PRNewswire-Asia-FirstCall/ -- Qiao Xing Universal Telephone, Inc. ("the Company" or "XING ... on January 16, 2009. About Qiao Xing Universal Telephone, Inc. Qiao Xing Universal Telephone, Inc. is one of China's largest ...
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