3 Jun 2020 11:53
3 June 2020
Secure Income REIT plc ("the Company" or "SIR")
Statement re Travelodge press leaks
We note the press reports that Travelodge intends to launch a Creditors Voluntary Arrangement (CVA) today. Travelodge has yet to provide details of their proposal to the Company and we await sight of any CVA documentation.
Once received, we will be scrutinising any proposals along with our team of expert advisors in order to best protect the Company's position in determining whether or not to support any CVA proposals. Further information about the potential impact on the Company will be announced once we have been provided with the relevant information.
For further information on the Company, please contact:
Secure Income REIT Plc +44 20 7647 7647
Nick Leslau enquiries@SecureIncomeREIT.co.uk
Mike Brown
Sandy Gumm
Stifel Nicolaus Europe Limited +44 20 7710 7600
(Nominated Adviser) stifelsecureincomereit@stifel.com
Stewart Wallace
FTI Consulting +44 20 3727 1000
(PR Adviser) SecureIncomeREIT@fticonsulting.com
Dido Laurimore
Claire Turvey
Eve Kirmatzis