9 Apr 2020 07:00
9 April 2020
Appointment of Independent Financial Adviser
Finablr PLC ("Finablr" or the "Company"), the global platform for payments and foreign exchange, today provides an update to the market following the announcement made on 16 March 2020.
The Company is pleased to announce the appointment of Houlihan Lokey, a leading global investment bank, as Independent Financial Advisor. Houlihan Lokey will explore strategic options for the Company including a debt restructuring, capital raise or sale of assets.
Commenting on the appointment Bhairav Trivedi, Group Chief Executive of Finablr, said "Houlihan Lokey is one of the largest, most experienced worldwide financial restructuring practices and one of the leading advisors to the financial services sector. I am confident they will play an important role in the next part of our journey."
Houlihan Lokey is a global firm with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation.
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Enquiries
The Company
Finablr PLC
Robert Moorhouse, Group Company Secretary +44 7825 213767
Ryan Ayache, Head of Investor Relations +971 2 3073 176
For more information, visit the Finablr website: www.finablr.com