Update on Financing (8913A)
09 2월 2011 - 12:47AM
UK Regulatory
TIDMASTO
RNS Number : 8913A
AssetCo PLC
08 February 2011
8 February 2011
As announced in the Group's interim results published on 13th
December 2010, the Group has been in negotiations to restructure
its non recourse asset financing and associated shorter term debt
requirement. Whilst these negotiations remain ongoing, they have
proved more protracted than the Board had anticipated. The Board is
continuing to pursue various alternatives to satisfy its debt
requirements, including a shorter term debt requirement of
approximately GBP4 million.
Enquiries:
AssetCo plc +44 (0) 20 8515 3999
John Shannon, Chief Executive
Officer
Scott Brown, Finance Director
Arden Partners plc +44 (0) 20 7614 5932
Richard Day
Adrian Trimmings
Cadogan PR +44 (0) 7771713608
Alex Walters
This information is provided by RNS
The company news service from the London Stock Exchange
END
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