LONDON (Alliance News) - Andes Energia PLC on Tuesday said it has agreed an amended repayment schedule with Australian lender Macquarie on its USD5.0 million debt facility.
Pursuant to the amended schedule, Andes has repaid USD1.5 million, covering the USD1.0 million of principal plus accrued interest.
The remaining USD4.0 million in the facility, plus interest, will be repaid by the end of February, Andes said.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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