YBR yellow brick road holdings limited

News: YBR Yellow Brick Road Enters Into Two Term Sheets Relating To Establishment Of Securitisation...

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    April 11 (Reuters) - Yellow Brick Road Holdings Ltd (YBR) :

    • ENTERED INTO TWO SEPARATE TERM SHEETS RELATING TO ESTABLISHMENT OF SECURITISATION BUSINESS
    • FIRST TERM SHEET WITH AN ALTERNATIVE ASSET MANAGER WHO WILL PROVIDE A$18 MILLION IN ORDINARY EQUITY IN RWF IN 2 TRANCHES
    • ALTERNATIVE ASSET MANAGER WILL ALSO PROVIDE FACILITY FOR COMBINED A$64 MILLION IN FUTURE FUNDING
    • OTHER TERM SHEET WILL PROVIDE A BACK-UP FACILITY FOR ANOTHER A$20 MILLION IN FUTURE FUNDING

    Source text: http://bit.ly/2v0x28Y

    (([email protected];))

 
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