29 Jun 2009 14:56
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For Immediate Release |
29 June 2009 |
Johnston Press plc
("Johnston" or "the Company")
As previously announced, Johnston Press has been in discussion with its lenders regarding refinancing the Company's existing facilities.
As part of these ongoing constructive negotiations, the Company is pleased to announce that it has agreed with its lenders to defer the testing of certain covenants at 30 June 2009, the Company's interim period end, to 31 August 2009 pending the outcome of its discussions with its lenders.
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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