News
Kellan Group (The) - Further re. Redemption of Loan Notes & Refinancing
The Company will redeem £150,000 nominal of the 12% secured convertible loan notes 2010 and £150,000 nominal of the 12% unsecured convertible loan notes 2011 at par on or before 15 March 2017. The remaining £150,000 will be funded by BMN Commercial Limited This will be effected by increasing the existing £1,260,000 secured term loan by an additional...
The Company will redeem £150,000 nominal of the 12% secured convertible loan notes 2010 and £150,000 nominal of the 12% unsecured convertible loan notes 2011 at par on or before 15 March 2017. The remaining £150,000 will be funded by BMN Commercial Limited This will be effected by increasing the existing £1,260,000 secured term loan by an additional...