TORONTO, ONTARIO–(Marketwired – March 31, 2017) – Banro Corporation (“Banro” or the “Company“) (NYSE MKT:BAA)(TSX:BAA) is pleased to announce that at a special meeting of holders of Banro common shares (“Common Shareholders“), a meeting of holders of Banro’s 10% Senior Secured Notes due March 1, 2017 (“Noteholders“), and a special meeting of holders of Banro Series A Preference Shares and Series B Preference Shares (“Preference Shareholders“), in each case held on March 31, 2017 in Toronto (collectively, the “Meetings“), security holders overwhelmingly approved the Company’s previously announced proposed recapitalization transaction (the “Recapitalization“) and related matters.
