Brief: Ausgroup Ltd updates on consents required under certain notes

AusGroup

23/12/2016 01:01

Dec 23 (Reuters) - Ausgroup Ltd  AUSG.SI : 
    * Updates on consents required under security documents 
series 001 s$110,000,000 7.45 per cent. Notes due 2016 
    * Accordingly, company wishes to announce there has been, in 
its opinion, a potential event of default under condition 10(B) 
of notes 
    * Co refers to intimation by Ward Keller on 16 December 2016 
    * Informed that Indigenous Affairs Group received advice 
from Australian Government Solicitor that it was not clear 
whether ministerial consent was required for mortgage 
    * Department of Prime Minister and Cabinet  has advised that 
it is certainly possible to obtain all consents by 18 January 
2017 
 
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