7th Dec 2015 09:59
LONDON (Alliance News) - Trinity Exploration & Production PLC on Monday said it has secured a further extension to its repayments on its USD13.0 million debt facility.
The extension is the 12th that Trinity has secured for repayments on the facility. The previous deadline expired on Friday last week.
The deadline for repayments is now this coming Friday, and the company said it remains in talks with its lender to secure another extension to its credit facilities.
Shares in Trinity were down 9.4% to 4.07861 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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