30th Sep 2015 12:35
LONDON (Alliance News) - Electricity generation company APR Energy PLC on Wednesday said it has secured an extension from its banks for its next financial covenant testing date.
The deadline has been extended to October 31, having been due to pass on Wednesday.
"We appreciate our lenders' willingness to continue to engage in constructive discussions regarding our future capital structure," said APR Chief Executive Laurence Anderson.
Shares in APR were up 20% to 79.00 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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