San Jacinto-Tizate (Courtesy Ram Power) |
Ram Power and the lenders reached an agreement to amend its Phase II Credit Agreement for Project to extend the date for conversion of the construction loan to a term loan from June 29, 2013 to July 31, 2013. The amendment provides for sufficient time for the Company and lenders to modify and obtain credit committee approvals for certain conditions precedent associated with the loan documents for conversion.
Read More.....