KBC 0.00% 6.5¢ keybridge capital limited

Ann: Trading Halt , page-3

  1. 115 Posts.
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    I would suggest it is something to do with the following from the Dec 2012 half year report

    For the remaining aircraft in the portfolio, GMT has now executed a non-binding Letter of Intent
    (“LOI”) with an experienced leasing company subsidiary of a major financial institution to sell the
    three A330-300 aircraft in which Keybridge is the mezzanine lender, which are currently on lease
    to a European airline. This LOI is subject to the satisfaction of usual conditions precedent and due
    diligence, as well as board and investment committee approvals by both seller, seller’s financiers
    and purchaser, with the sale is expected to be completed by no later than 29 March 2013. The
    completion of the sale of these three aircraft will result in loan repayment proceeds to Keybridge
    of approximately USD30 million.
 
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