Brief: Terracom Announces Further Us$35M Debt Reduction To Euroclear Bond

Terracom

20/04/2022 02:32

April 20 (Reuters) - Terracom Ltd  TER.AX :
    * FURTHER US$35M DEBT REDUCTION TO EUROCLEAR BOND
    * EUROCLEAR BOND PRINCIPAL OWING REDUCED TO US$53.5 MILLION
    * REMAINS ON TRACK TO DECLARE A DIVIDEND FOR PERIOD ENDING
30 JUNE
2022
    * FORECASTING TO REPAY A FURTHER US$15 MILLION TO
BONDHOLDERS FROM
OPERATING CASH FLOW IN APRIL
    * RECEIPT OF FIRST US$20 MILLION RECEIVED UNDER US$60
MILLION
PREPAYMENT FACILITY

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Further company coverage:  TER.AX 

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