March 25 (Bloomberg) -- flagship MFS Premium Income Fund is in talks with its lender, Bank of Scotland, after breaching a A$184 million ($167 million) accommodation facility, the Australian Financial Review reported, citing the company. The A$750 million cache breached a covenant, making the allowance repayable on demand, the newspaper said. MFS has secured a stop harmony until the end of March after it agreed to hang distributions to investors earlier this month, it said. It is in talks with Bank of Scotland to continue the halt agreement, the journal said.
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