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.

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