Abengoa (ABGB) Said it Met Conditions Set by Conv. Bondholders

Abengoa (Nasdaq: ABGB) said Monday that it is in compliance with conditions set by convertible bondholders, according to filing made Monday.

Bloomberg noted that the agreements cover €250 million worth of the notes.

Bondholders agreed to amend terms in late November subject to Abengoa meeting certain conditions.

Shares of Abengoa are down over 9 percent.

You May Also Be Interested In

• Buy earnings selloff in this software stock: BTIG
• Buy the earnings selloff in this e-commerce stock: Goldman Sachs
• Baird sees an attractive buying opportunity in this aerospace stock