Reuters logo
BRIEF-Kedco completes restructuring and fundraising process
November 27, 2012 / 4:11 PM / 5 years ago

BRIEF-Kedco completes restructuring and fundraising process

LONDON, Nov 27 (Reuters) - Kedco PLC : * Completion of the restructuring and fundraising process * Results in reduction of its debt by about £8.5 million and the issue of

further equity of about £770,550 * Proceeds of the fundraising will be used by the company to meet its on-going

working capital requirements * Continues its discussions in relation to the proposed acquisition of reforce

energy limited

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below