World News

BRIEF-Evans Medical says bankers to takeover company assets used as collateral

Discover Thomson ReutersFinancialGovernment SolutionsLegalReuters News AgencyRisk Management SolutionsTax & AccountingBlog: Answers OnInnovation @ Thomson ReutersDirectory of sitesLoginContactSupport#Commodities NewsOctober 20, 2017 / 12:06 PM / Updated 42 minutes agoBRIEF-Evans Medical says bankers to takeover company assets used as collateral

1 Min Read

Oct 20 (Reuters) – Evans Medical Plc

* SERVED EX-PARTE ORDER OF THE FEDERAL HIGH COURT GRANTING BANKERS RIGHT TO TAKEOVER CO‘S ASSETS USED AS COLLATERAL AGAINST FACILITIES

* RECEIVER MANAGER BEEN APPOINTED AND HAS TAKEN OVER THE ASSETS OF THE COMPANY‍​

* BEGUN DISCUSSIONS WITH TWO LENDERS, DISCUSSIONS PROGRESSING FAVOURABLY, OPTIMISTIC ARRANGEMENT WILL BE ARRIVED AS SOON AS POSSIBLE Source text ID: (bit.ly/2zo69wc) Further company coverage:

0 : 0

  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below

Original Article

Translate »
%d bloggers like this: