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Trinity Exploration Gets Another Extension From Lender
LONDON (Alliance News) - Trinity Exploration & Production PLC on Tuesday said it has secured its 16th extension to the moratorium on principal repayments on the debt owed to lender Citibank.
The moratorium deadline has now been extended to January 15, from January 8 previously.
Trinity said talks with Citibank are ongoing.
Trinity shares were untraded on Tuesday, having last traded at 3.90 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
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