One would think it would have been paid or else this asx announcement would not be valid would it.They woul dnot be able to draw (immediatley) if they had not paid.If it is a FIB then asx may be asking questions
The Directors of Aleator Energy Limited (“Aleator” or “the Company”) (ASX: AWD) are pleased to advise that the Company has raised $500,000 through a convertible, redeemable and secured Loan from a US based institutional investor. Funds raised by the loan will enable the Company to satisfy the pre-payment of interest on the €5 million loan facility as announced on 2ndOctober 2013, which is now available to be drawn immediately.
AWD Price at posting:
0.6¢ Sentiment: None Disclosure: Held
