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Pin to quick picksJohnston Press PLC Regulatory News (JPR)

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Refinancing Existing Facilities

29 Jun 2009 14:56

RNS Number : 6927U
Johnston Press PLC
29 June 2009
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ο»Ώ

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:

Β 

John Fry, Chief Executive or
Stuart Paterson, Chief Financial Officer
Johnston Press plc Tel: 0131 225 3361
Richard Oldworth, Richard Darby, Christian Goodbody
Buchanan Communications Tel: 020 7466 5000
Β 

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