July 2, 2017 / 11:52 PM / 17 days ago

BRIEF-Ten Network appoints receivers and managers

1 Min Read

July 3 (Reuters) - Ten Network Holdings Ltd:

* Christopher Hill, Philip Carter and David McEvoy of PPB Advisory were appointed receivers and managers of Ten Network​

* Receivers and managers have negotiated an amendment and restatement of co's existing facility agreement to secure a $30 mln funding package​

* Funding package will allow business to continue to trade as a going concern​ Source text for Eikon: Further company coverage:

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