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  3. Assetco Share Price
  4. Assetco Share Regulatory News
  5. Update on Financing

Pin to quick picksAssetco Regulatory News (ASTO)

Assetco Information
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Update on Financing

8 Feb 2011 15:47

RNS Number : 8913A
AssetCo PLC
08 February 2011
 



 

 

8 February 2011 

 

 

 

As announced in the Group's interim results published on 13th December 2010, the Group has been in negotiations to restructure its non recourse asset financing and associated shorter term debt requirement. Whilst these negotiations remain ongoing, they have proved more protracted than the Board had anticipated. The Board is continuing to pursue various alternatives to satisfy its debt requirements, including a shorter term debt requirement of approximately ÂŁ4 million.

 

 

Enquiries:

 

AssetCo plc

 +44 (0) 20 8515 3999

John Shannon, Chief Executive Officer

Scott Brown, Finance Director

Arden Partners plc

+44 (0) 20 7614 5932

Richard Day

Adrian Trimmings

Cadogan PR

+44 (0) 7771713608

Alex Walters

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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