Also, in support of the bridge loan and the company's general refinancing efforts, London Oil and Gas Limited (LOG) and the company have entered a standstill
agreement until 30 November 2019.
At the start of April, the firm lenders HSBC Holdings PLC and BNP Paribas and shareholders MTL Luxembourg SARL and Runruno Holdings Ltd were finalising a standstill
, which was then signed, running up to Thursday this week.
The downgrade of AB's IDRs to 'C' reflects the fact that the bank has entered into a standstill
arrangement with its foreign creditors, whereby it has ceased paying principal amounts on its foreign debt, including to senior creditors, until the bank's recapitalisation is complete.
John's [Antigua and Barbuda], Sep 11 ( ANI ): Fugitive diamantaire Mehul Choksi on Tuesday held Punjab National Bank (PNB) responsible for misinforming the probe agencies, adding that it was unprecedented how his company came to a complete standstill
without thorough investigation.
Regardless of the existing Third Brake Lamp System and Flashing Brake System, SB-i is a value added system which specifically tailored for the system to sense standstill
and produce progressive blinking brake lamp.
ensures continuity of care for Four Seasons' residents and enhances operational stability for employees and all stakeholders," the companies said in a statement.
The three-vehicle collision involving one HGV and two cars brought traffic to a standstill
yesterday afternoon by the closure of the northbound carriageway near Burdon.
WASHINGTON -- The United States said on Thursday it was concerned over the ongoing Middle East crisis which was at a standstill
, nearly two months after it was erupted when several Gulf States announced to severe diplomatic ties with Qatar, accusing it of supporting terrorist groups.
WASHINGTON, July 28 (KUNA) -- The Qatar crisis is now at a "standstill
", said US State Department spokesperson Heather Nauert late Thursday.
FARMERS are being reminded that, from late spring, they can use Quarantine Units (QUs) to manage their livestock movements as an alternative to the existing Six Day Standstill
By placing them in the unit for a minimum of six days, the farmer would be able to move animals off the remainder of the holding, providing an alternative to the whole farm six-day standstill
On most roads in Coventry if you didn't put two wheels on the pavement traffic would come to a standstill
and our council does not need any help in bringing our traffic to a standstill
, they are more than capable of doing that for themselves.