IN BRIEF: Aferian further extends USD16.5 million loan payment date
Aferian PLC - Cambridge, England-based business-to-business video streaming company - Further extends payment for USD16.5 million banking facilities with Barclays, Bank of Ireland and HSBC until January 30 to allow it to explore a sale of its Amino and 24i businesses as well as the company. The facilities may again be extended, although there is no guarantee, Aferian says. All terms remain unchanged. Additionally, the loan arranged by shareholder, Kestrel Partners LLP remains unchanged. The Kestrel Loan has a principal amount of about USD2.1 million including interest and a maturity date of January 31. Read More