21:26 Fri 22 May 2020
Echo Energy PLC - Result of Bondholder Meeting
("Echo" or "the Company")
Result of Bondholder Meeting
Successful Completion of Debt Restructuring
As a result, agreements are now in place for the restructuring of all of the Company's existing debts to defer all cash interest payments until
"Echo is delighted to confirm receipt of noteholder approval for the restructuring of the Company's
Combined with uninterrupted production, improved near term gas pricing recently announced, field cost efficiencies achieved at
I would like to thank the Company's shareholders, holders of the Company's debt instruments, commercial partners and staff for their ongoing support."
For further information, please contact:
|
via |
Patrick d'Ancona
|
+44 (0) 20 7390 0230 |
Cenkos Securities (Nominated Adviser)
|
+44 (0) 20 7397 8900 |
Shore Capital (Corporate Broker) |
+44 (0) 20 7408 4090 |
Note
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