Johnston Press Considering Potential Equity Raising

LONDON (Alliance News) - Johnston Press PLC Monday said it is considering a range of options, including an equity raising, as it intends to pursue a refinancing of its debt facilities in 2014.

In December the company said it intended to pursue a refinancing of its debt facilities.

However, it Monday said the quantum of any equity fundraising has not yet been determined, while there is no certainty that a refinancing of its debt facilities will be concluded in 2014 or that an equity fundraising will go ahead.

Johnston shares were Monday quoted at 25.50 pence, down 3.8%.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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