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BRIEF-Metair Investments finalizes new repayment structure for maturing preference shares​
October 16, 2017 / 5:16 AM / a month ago

BRIEF-Metair Investments finalizes new repayment structure for maturing preference shares​

Oct 16 (Reuters) - Metair Investments Ltd

* HAS FINALISED A NEW REPAYMENT STRUCTURE FOR ITS MATURING PREFERENCE SHARES, WHILE CONTINUING TO SECURE LONG TERM LIQUIDITY ​

* ‍EXTENDED MATURITY DATE OF R280 MILLION OF MATURING PREFERENCE SHARES TO SEPT 2018 , HAS REDEEMED R560 MILLION IN MATURING PREFERENCE SHARES​

* ‍SUCCESSFULLY SECURED A NUMBER OF COMMITMENTS FROM SEVERAL SOUTH AFRICAN BANKS FOR LONGER TERM FUNDING AND LIQUIDITY Source text for Eikon: Further company coverage:

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