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Schroder European Real Estate Investment Trust | Full Year Results |
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IN BRIEF: TPXimpact lender agrees covenant waiver; performs in line
TPXimpact Holdings PLC - London-based IT consulting firm - Says it has been granted a waiver from its lender to test each of the financial covenants applicable to its GBP30 million revolving credit facility as of March 31. "TPXimpact's lender is currently undertaking a review of the group's short and medium term cash flow forecasts, the outcome of which will determine the nature and extent of future waivers," it says.
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