Print Published 29th Jan 2019, 18:34

Matomy bondholders reject repayment resolution, but threat remains

Bondholders in the AIM listed Israeli digital advertising sales business Matomy Media Group have voted against demanding an immediate repayment of bonds amounting to $30 million (£23.5 million), the company announced today.

The demand had been based on alleged defaults of the terms of the bond issue (see Loss-making Matomy at loggerheads with bondholders).

But the threat of a further repayment demand remains.