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Hightex Discussing Loan Facility With TCA

10th Nov 2014 15:42

LONDON (Alliance News) - Hightex Group PLC Monday said it is discussing its loan facility with the TCA Global Credit Master Fund LP, following a draw down made earlier in the year.

The loan facility for up to USD10 million was agreed in March. Hightex has already drawn down USD1.8 million for working capital.

"Further announcements will be made as appropriate," Hightex said in a statement.

Hightex shares were Monday down 0.7% at 0.149 pence.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2014 Alliance News Limited. All Rights Reserved.


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Hightex Group
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