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Trinity Exploration Gets 25th Debt Moratorium Extension From Citibank

29th Mar 2016 07:43

LONDON (Alliance News) - Trinity Exploration & Production PLC on Tuesday said it has secured its 25th extension to the moratorium on repayments relating to its outstanding debt balance of USD13.0 million with its lender Citibank.

The new extension will run to April 8.

Trinity shares were down 19% to 2.69 pence on Tuesday morning, one of the worst performers in the AIM All-Share.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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