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AJD - Asia Pacific Data Centre News Story

A$1.94 0.0  0.0%

Last Trade - 26/11/18

Sector
Financials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £34.5m
Position in Universe th / 1855

BRIEF-Nextdc Ltd Says APDC Group Required To Repay $29 Mln To Bankwest Within 14 Days Of Default Notice

Wed 17th October, 2018 1:48am
Oct 17 (Reuters) - Nextdc Ltd  NXT.AX :
    * RECEIVED NOTICE THAT APDC GROUP'S SENIOR DEBT BANK,
BANKWEST HAS
ISSUED AJD WITH A NOTICE OF SUBSISTING DEFAULT AND FORBEARANCE
    * APDC GROUP REQUIRED TO REPAY $29 MILLION OUTSTANDING TO
BANKWEST
WITHIN 14 DAYS OF DEFAULT NOTICE
    * DEFAULT NOTICE HAS POTENTIAL ADVERSE IMPLICATIONS FOR
ABILITY OF
APDC TO PAY SPECIAL DISTRIBUTION OF $0.02/SECURITY DECLARED ON 8
OCT

Source text for Eikon:  ID:nASX60H60r 
Further company coverage:  NXT.AX 

 ((Reuters.Briefs@thomsonreuters.com;))
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