Shares in Equatorial Palm Oil were down 12% at 1.50 pence on Monday afternoon.
The loan was due to mature on Tuesday, but the maturity date has been extended to November 2023 through a deed of amendment.
Interest is charged at either the USD London interbank offered rate plus 4% per year, or at 8% per year, whichever is highest.
Including accrued interest, the loan currently has USD2.9 million outstanding.
As at November 1, including this loan, Liberian Palm Developments owed USD6.2 million to Equatorial Palm Oil.
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