Brief: Bens Creek Group PLC Issues Update On The Group's Chapter 11 Cases

Bens Creek

09/05/2024 20:21

May 9 (Reuters) - Bens Creek Group PLC  BENB.L :
    * BENS CREEK GROUP PLC  - UPDATE ON THE GROUP'S CHAPTER 11
CASES
    * BENS CREEK GROUP PLC -  AT CURRENT TIME HAS SUFFICIENT
CASH TO
MEET ITS IMMEDIATE DAY-TO-DAY WORKING CAPITAL OBLIGATIONS
    * BENS CREEK GROUP PLC - NOW HAS AN EXPECTED CASH RUNWAY
THROUGH
TO END OF MAY 2024
    * BENS CREEK GROUP PLC: FINAL TERMS OF NEW AVANI DIP
FACILITY ARE
CURRENTLY BEING NEGOTIATED BY AVANI AND LEGAL COUNSEL TO CHAPTER
11 COMPANIES
    * BENS CREEK GROUP PLC -  US BANKRUPTCY COURT HAS GIVEN
INTERIM
ACCEPTANCE OF NEW AVANI DIP FACILITY

Source text for Eikon:  ID:nRSI8790Na 
Further company coverage:  BENB.L 

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