27th Nov 2006 07:00
Eurotunnel PLC/Eurotunnel S.A.26 November 2006 Sunday 26 November 2006Immediate release World's leading banks compete to finance Eurotunnel restructuring plan: Eurotunnel has binding offers from Citigroup and Goldman Sachs/Deutsche Bank Eurotunnel has received two binding proposals, from world leading bankinggroups, to finance the financial restructuring plan which will be the subject ofa vote by creditors tomorrow, 27 November. Citigroup and a consortium composed of Goldman Sachs and Deutsche Bank have sentthe company proposals to finance the entire plan, thus proving its credibilityand the credibility of the forecasts upon which it is based. The offer letters will be analysed by the company's advising banks and then byits Audit Committee, before being submitted for Board approval. No 100/2006 For media enquiries contact: John Keefe on + 44 (0) 1303 284491Email: [email protected] Ken Cronin on +44 788 7591499 For investor enquiries contact Michael Schuller on + 44 (0) 1303 288 749.Email: [email protected] www.eurotunnel.com Eurotunnel manages the infrastructure of the Channel Tunnel and operatesaccompanied truck shuttle and passenger shuttle (car and coach) services betweenFolkestone, UK and Calais, France. Eurotunnel also earns toll revenue fromtrain operators (Eurostar for rail passengers, and EWS and SNCF for railfreight) which use the Tunnel. Eurotunnel is quoted in London, Paris andBrussels. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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