| CalciTech Ltd.(Plus Markets:CLK)(OTCBB: CLKTF) CalciTech announced today it has created a new series of subordinate convertible debenture notes with a value of USD 5 million. The notes will carry a coupon of 4% per annum payable quarterly with maturity in two years from the date of issue. Holders of the notes will be able to convert the instrument into CalciTech Ltd. ordinary shares at a price of USD 0.40 per share. All other terms and conditions will remain the same as for other outstanding notes issued by the Company.
CalciTech Issues New Convertible Debt Instrument
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