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Refinancing Existing Facilities

29th Jun 2009 14:56

RNS Number : 6927U
Johnston Press PLC
29 June 2009
 



For Immediate Release

29 June 2009

Johnston Press plc

("Johnston" or "the Company")

As previously announced, Johnston Press has been in discussion with its lenders regarding refinancing the Company's existing facilities. 

As part of these ongoing constructive negotiations, the Company is pleased to announce that it has agreed with its lenders to defer the testing of certain covenants at 30 June 2009, the Company's interim period end, to 31 August 2009 pending the outcome of its discussions with its lenders. 

The Company will provide a further update on its refinancing discussions at the time of the Interim Results announcement.

Contact:

 

John Fry, Chief Executive or
Stuart Paterson, Chief Financial Officer
Johnston Press plc Tel: 0131 225 3361
Richard Oldworth, Richard Darby, Christian Goodbody
Buchanan Communications Tel: 020 7466 5000
 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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