They did say this when they took off their fx hedges, implying that rents should be stable enough to keep them out of trouble for at least 8 months.
RJT is expected to be in a position to meet debt requiring repayment within the next eight
months from existing cash reserves and operating cash flow. RJT will be required to
refinance and/or repay the following debt within the next 12 months:
· ¥4.9 billion (A$47.7 million(1)) Shinsei preference equity facility due on 31 March
2009; and
· A$14.0 million NAB debt facility due on 30 April 2009.
But who can trust what these guys say?
- Forums
- ASX - By Stock
- RJT
- news
news, page-6
Featured News
Add RJT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online