Print Published 23rd Jan 2019, 14:52

Matomy Media’s key shareholders offer $2m more capital

Matomy Media Group has made further amendments to its proposals to the company’s bondholders who are pressing for an acceleration of loan repayments.

Under the latest amendment, published today, Matomy Media’s key shareholders would contribute a further $2 million by way of bond purchases, bringing their total contribution in new shares and bonds to $12 million (see Matomy Media improves its proposal to bondholders).