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Update on debt facility

18th Jul 2011 13:39

RNS Number : 5849K
Treveria PLC
18 July 2011
 



18 July 2011

Treveria plc ("Treveria" or the "Group")

 

Update on debt facility

 

Treveria plc (AIM: TRV), the German retail focused real estate investment company, announces that it has signed a standstill agreement with debt servicer Hatfield Phillips with regard to its €424 million Silo E securitised debt facility, which was due to mature on 15 July 2011.

 

The standstill agreement runs until the end of September 2011 in order to facilitate ongoing discussions regarding a longer-term extension to this loan.

 

Enquiries:

 

Treveria

Bernhard Fuhrmann

 

+49 (0) 69 2475 31998

Financial Dynamics

Richard Sunderland / Laurence Jones

 

+44 (0) 20 7831 3113

Singer Capital Markets Limited

James Maxwell / Nick Donovan

+44 (0) 20 3205 7500

 

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