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Oct 17 (Reuters) - Nextdc Ltd (NXT) : RECEIVED NOTICE THAT APDC...

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    17/10/18
    11:55
    Post #: 36154643

    Oct 17 (Reuters) - Nextdc Ltd (NXT) :

    • RECEIVED NOTICE THAT APDC GROUP'S SENIOR DEBT BANK, BANKWEST HAS ISSUED AJD WITH A NOTICE OF SUBSISTING DEFAULT AND FORBEARANCE
    • APDC GROUP REQUIRED TO REPAY $29 MILLION OUTSTANDING TO BANKWEST WITHIN 14 DAYS OF DEFAULT NOTICE
    • DEFAULT NOTICE HAS POTENTIAL ADVERSE IMPLICATIONS FOR ABILITY OF APDC TO PAY SPECIAL DISTRIBUTION OF $0.02/SECURITY DECLARED ON 8 OCT
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