Brief: Esken Limited Notified Trustee Of Exchangeable Bonds That One Or More Events Of Default Have Occurred Under Terms Of Exchangeable Bonds

Esken

18/03/2024 18:08

March 18 (Reuters) - Esken Ltd  ESKN.L :
    * ESKEN LIMITED  - UPDATE ON EXCHANGEABLE BONDS
    * ESKEN LTD -  NOTIFIED TRUSTEE OF EXCHANGEABLE BONDS THAT
ONE OR
MORE EVENTS OF DEFAULT HAVE OCCURRED UNDER TERMS OF EXCHANGEABLE
BONDS
    * ESKEN LTD - EXCHANGEABLE BONDS ARE DUE TO MATURE ON 8 MAY
2024
AND NOTIFICATION TO TRUSTEE DOES NOT AUTOMATICALLY ACCELERATE
THAT MATURITY DATE
    * ESKEN LTD - NOTIFICATION OF DEFAULT TO TRUSTEE HAS NO
IMPACT ON
RECAPITALISATION PROPOSAL BEING IMPLEMENTED IN RELATION TO
LONDON SOUTHEND AIRPORT

Source text for Eikon:  ID:nRSR2978Ha 
Further company coverage:  ESKN.L 

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