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AUSTRALIA'S ALLCO FINANCE CLOSE TO SIGNING NEW DEBT FACILITY.
SYDNEY, Aug 1 Asia Pulse - Allco Finance Group (ASX:AFG) is close to signing a new senior debt facility with the investment firm's 12 syndicate banks, which have all obtained internal approval for the agreement.
The facility requires final documentation and will replace Allco's existing senior debt facilities and match the outstanding debt when it closes, the Sydney-based company said in a statement today.
The current debt facility will be extended to August 14 because final documentation hasn't been completed.
Allco also said it had continued to reduce borrowings, with senior debt facilities now at $A691 million ($US649.95 million), after repaying $A363.6 million ($US342.0 million) since ...
- RECORD INVESTMENTS, ALLCO FINANCE COMPLETE MERGER.
- News wire article from: AsiaPulse News July 3, 2006 700+ words
...Record Investments Ltd (ASX:RCD) and Allco Finance Group Ltd (ASX:AEQ) have completed...merger and will now function together as Allco Finance Group. As part of the merger, which...said it expects the change in name to Allco Finance Group to occur later this week. David...
- Allco Finance property manager bites the dust.
- News wire article from: Australasian Business Intelligence August 10, 2009 700+ words
...the collapse of the business network headed by the listed Allco Finance Group. Allco's Record Realty listed real estate investment...Rubicon Japan trusts. Publication Date: 11 August 2009 ALLCO FINANCE GROUP LIMITED - ASX AFG RECORD REALTY - ASX RRT RUBICON AMERICA...
- AUSTRALIA'S ALLCO FINANCE TO LAUNCH FUND WITH HK MERCHANT BANK.
- News wire article from: AsiaPulse News December 21, 2005 700+ words
SYDNEY, Dec 21 Asia Pulse - Allco Finance Group Ltd is set to launch a fund in partnership with a Hong...in ongoing merger discussions with its largest shareholder Allco Finance Group - will contribute $US50 million. Record managing...
- AUSTRALIA'S ALLCO FINANCE GROUP TO DEVELOP FOUR FUNDS.
- News wire article from: AsiaPulse News October 25, 2007 700+ words
SYDNEY, Oct 25 Asia Pulse - Australia's Allco Finance Group Ltd (ASX:AFG) has four funds under development...be making these mistakes going forward," he said. Allco Finance shares were down 16 cents to $8.21 at 1246 AEST...
- NAB considers funding action against Allco Finance.
- News wire article from: Australasian Business Intelligence May 26, 2009 700+ words
...via COMTEX) -- McGrathNicol as liquidator of the failed Allco Finance Group has warned creditors that legal claims against the...Allco's leasing assets. Publication Date: 27 May 2009 ALLCO FINANCE GROUP LIMITED - ASX AFG RUBICON HOLDINGS LIMITED ALLCO PRINCIPALS...
- AUSTRALIA'S RECORD INVESTMENTS APPROVES ALLCO FINANCE MERGER.
- News wire article from: AsiaPulse News June 9, 2006 700+ words
...shareholders have almost unanimously approved a merger with Allco Finance Group (ASX:AEQ) that will create a new $A3 billion...Shareholders today approved the merger of the pair, to be known as Allco Finance Group, with a 98.9 per cent vote at a general meeting...
- AUSTRALIA'S RECORD INVESTMENTS TO MERGE WITH ALLCO FINANCE.
- News wire article from: AsiaPulse News March 6, 2006 700+ words
...Investments Ltd (ASX:RCD) and its largest shareholder Allco Finance Group (ASX:AEQ) have agreed to a merger which will create...scrip for Allco with the combined group then to be renamed Allco Finance Group Ltd. Allco chairman David Coe said the merger would...
- ALLCO FINANCE WARNS VOLATILITY COULD HIT 2008 RESULTS.(Financial report)
- News wire article from: AsiaPulse News August 21, 2007 700+ words
SYDNEY, Aug 21 Asia Pulse - Allco Finance Group Ltd (ASX:AFG) was today reluctant to provide a specific forecast for fiscal year 2008 earnings, but said as a general...