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.
- Forums
- ASX - By Stock
- KBC
- Ann: Trading Halt
Ann: Trading Halt , page-3
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KBC (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.744M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KBC (ASX) Chart |
Day chart unavailable