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Trinity Exploration Gets 28th Extension To Repayment Moratorium

Mon, 25th Apr 2016 08:18

LONDON (Alliance News) - Trinity Exploration & Production PLC on Monday said it has secured its 28th extension to the moratorium on repayments relating to its outstanding debt balance of USD13.0 million with its lender Citibank.

The new extension will run to April 29, having been due to expire on April 22.

Trinity shares were untraded on Monday, having last traded at 2.86 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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