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LONDON (Alliance News) - Trinity Exploration & Production PLC on Monday said it has secured its 31st 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 May 20, having been due to expire on May 13.
Trinity shares were up 7.9% to 2.97 pence Monday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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