TEN ten network holdings limited

News: TEN Ten Network appoints receivers and managers

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    July 3 (Reuters) - Ten Network Holdings Ltd (TEN) :

    • Christopher Hill, Philip Carter and David McEvoy of PPB Advisory were appointed receivers and managers of Ten Network
    • Receivers and managers have negotiated an amendment and restatement of co's existing facility agreement to secure a $30 mln funding package
    • Funding package will allow business to continue to trade as a going concern
 
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