Monday, October 29, 2012

Reuters: Bankruptcy News: BRIEF-Hibu says lending group CoCom supports waivers

Reuters: Bankruptcy News
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BRIEF-Hibu says lending group CoCom supports waivers
Oct 29th 2012, 15:58

LONDON | Mon Oct 29, 2012 11:58am EDT

LONDON Oct 29 (Reuters) - Hibu PLC : * Lending group cocom has unanimously agreed to support the waivers, subject to

credit committee approval. * No payments are expected to be made to any term loan lender under facilities

agreements dated November 30 2009 * Received correspondence from some members of 2006 lenders that they may seek

to launch litigious actions * This May include a petition for the winding-up of the relevant borrowing

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