Tongaat Hulett, lenders to consider standstill agreement

World News: . []

Tongaat Hulett said on Thursday it was looking to negotiate a standstill agreement with its lenders, which had already agreed to waive some of their rights related to their loans to the troubled sugar producer. The news supported Tongaat shares, which have been under pressure since it issued a profit warning in February, and they were up 1.7% by 11:55 GMT.

Read More: LINK 

Published: .

Search for other references to "tongaat" on SPi News


Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
Privacy Policy | Terms and Conditions | Contact Us