News

Dorchester looks to do deal with debenture holders

Tuesday 6th of October 2009

The company, which has paid 35% of the amount owing under the deferred repayment plan for its finance unit, would like to find a settlement with investors which it could then take to shareholders as a means to pay off its outstanding debt.

"It would be good to reach some kind of agreement with debenture holders at some stage," executive director Paul Byrne says. "If we could agree, we co...

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