News
Blue Star unlikely to meet forecasts, may breach banking covenants
Monday 5th of March 2012
"Directors acknowledge that continued compliance with the requirements of the renegotiated SSCFA (senior secured credit facilities agreement with Blue Star's banks) and the ability to maintain adequate liquidity represent material uncertainties in relation to the group's ability to continue as a going concern," the company says.
Last August's deal, under which bondholders agreed to swap...
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