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Roadzen Shares Fall; Maturity of Senior Secured Notes Extended
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Roadzen Shares Fall; Maturity of Senior Secured Notes Extended
Dec 12, 2024 11:14 AM

01:52 PM EST, 12/12/2024 (MT Newswires) -- Roadzen ( RDZN ) shares fell 27% in recent Thursday trading the company agreed in principle with Mizuho Securities USA to extend the maturity of its $11.5 million 15% senior secured notes by one year to Dec. 31, 2025.

The extension remains subject to final agreements and conditions, Roadzen ( RDZN ) said Thursday in a statement.

Price: 1.80, Change: -0.65, Percent Change: -26.53

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