Overdue and unpaid capital repayments to Investec extended until 30/08. Failure to pay by the due date could initiate Investec to "enforce its default rights under the Syndicated Facility Agreement, which could have a material adverse effect on the Comapny's activities and financial condition."
In other words, cough up what you owe in the next 6 days or say goodbye. And we all know how astute EGS are to paying their bills on time.
Ann: Investec Standstill Extension, page-2
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