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Trinity Exploration Gets Further Extension On Debt Repayment

14th Sep 2015 08:44

LONDON (Alliance News) - Trinity Exploration and Production PLC Monday said it has received a further extension for the repayment of its USD13 million loan from Citibank.

The repayment deadline has now been extended to September 25, having previously expired on September 11.

Trinity said it is making progress on its strategic review and said it remains in regular talks with its lenders and creditors.

Shares in Trinity were down 3.5% to 6.999 pence on Monday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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