Brief: Horizonte Minerals Continues To Hold Discussions To Restructure Group's Debt
28/03/2024 13:41
March 28 (Reuters) - Horizonte Minerals PLC HZM.L :
* HORIZONTE MINERALS PLC: CONTINUES TO HOLD DISCUSSIONS TO
RESTRUCTURE GROUP'S DEBT IN CONJUNCTION WITH SEEKING A FULLY
FUNDED SOLUTION
* HORIZONTE MINERALS PLC: WILL NEED TO REACH A RESTRUCTURING
SOLUTION FOR GROUP'S EXISTING LIABILITIES WHICH AS OF 15 MARCH
WERE ABOUT US$418 MILLION
* HORIZONTE MINERALS PLC: EXPECTS WILL REQUIRE ADDITIONAL
INTERIM
FUNDING AROUND MID-APRIL TO IMPLEMENT FULL FUNDING SOLUTION
Source text for Eikon: ID:nRSb7634Ia
Further company coverage: HZM.L
((Reuters.Briefs@thomsonreuters.com;;))
Recent news on Horizonte Minerals
See all newsAIM Horizonte Minerals - Cancellation - Horizonte Minerals Plc
Horizonte Minerals - Appointment of Administrators
AIM Horizonte Minerals - Suspension - Horizonte Minerals Plc
Brief: Horizonte Minerals Views Potential Restructuring Solution To Attempt To Possible Recovery
Horizonte Minerals - Corporate Update