February 22, 2018 / 2:08 PM / 6 months ago

BRIEF-Resilient REIT Opens Talks With Lenders To Siyakha Education Trusts

Feb 22 (Reuters) - RESILIENT REIT LTD:

* ‍PRUDENT TO COMMENCE NEGOTIATIONS WITH TRUSTEES OF AND OTHER LENDERS TO SIYAKHA EDUCATION TRUSTS REGARDING ALL LOANS TO TRUSTS, UNDERLYING COLLATERAL​

* ‍TO COMMENCE NEGOTIATIONS WITH TRUSTEES OF AND OTHER LENDERS TO SIYAKHA EDUCATION TRUSTS REGARDING ALL LOANS TO TRUSTS AND UNDERLYING COLLATERAL​

* ‍UNABLE TO CONTROL ALL PARTICIPANTS IN NEGOTIATIONS REGARDING CONFIDENTIALITY. OUTCOME OF NEGOTIATIONS MAY IMPACT CO’S DISTRIBUTABLE EARNINGS Source text for Eikon: Further company coverage:

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