Investing.com - Financial Markets Worldwide
NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

BRIEF-Guildford Coal says co on track to deliver all aspects of the 2015 strategic review

Published 16/11/2015, 05:14 pm
© Reuters. BRIEF-Guildford Coal says co on track to deliver all aspects of the 2015 strategic review
TER
-

Nov 16 (Reuters) - Guildford Coal Ltd GUF.AX :

* On track to deliver all aspects of the 2015 strategic review, on both corporate and operational levels in Mongolia and Queensland

* Says continues to maintain a strong and supportive working relationship with its existing financial backers, noble group and ocp

* Working on two options in parallel in its efforts to achieve the balance sheet recalibration by the end of the 2015 calendar year

* One option being considered by the company involves a US$115 million five year interest-only bond.

* Also working on a traditional debt facility and has progressed with in principle support from several institutions

* Source text for Eikon ID:nASX5tq2rD

*

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.