INM hopeful of restructuring agreement

Independent News & Media has said that it remains confident of reaching agreement on the company's debt with its syndicate of senior lenders and with an ad hoc committee of holders of €200m in 5.75% guaranteed bonds.

INM hopeful of restructuring agreement

Independent News & Media has said that it remains confident of reaching agreement on the company's debt with its syndicate of senior lenders and with an ad hoc committee of holders of €200m in 5.75% guaranteed bonds.

In a statement the company confirmed that its discussions with lenders and bondholders have advanced significantly, but have yet to be finalised and would require the ultimate agreement of all parties (including that of the INM Board).

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited