29 Jun 2009 14:56
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ForΒ ImmediateΒ Release |
29Β JuneΒ 2009 |
Johnston Press plc
("Johnston" or "the Company")
As previously announced, Johnston Press has been in discussion with its lenders regarding refinancing the Company'sΒ existing facilities.Β
AsΒ part of these ongoing constructive negotiations,Β the CompanyΒ is pleased to announce thatΒ it has agreed withΒ its lenders toΒ defer the testing ofΒ certain covenantsΒ atΒ 30 June 2009, the Company's interim period end,Β to 31 August 2009Β pending the outcome of its discussions with its lenders.Β
The Company will provide a further update on its refinancing discussions at the time of the Interim Results announcement.
Contact:
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John Fry, Chief Executive or
Stuart Paterson, Chief Financial Officer
Johnston Press plc Tel: 0131 225 3361
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Richard Oldworth, Richard Darby, Christian Goodbody
Buchanan Communications Tel: 020 7466 5000
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