RNS Number : 3537E
  ACP Mezzanine Ltd
  25 September 2008
   

    ACP Mezzanine Limited

    Termination of Facility
    
ACP Mezzanine (the "Company") announces that today it agreed to terminate its structured sale and repurchase transaction with Deutsche Bank
(the "Facility") by settling all outstanding commitments, interest and associated breakage fees and as a consequence its balance sheet will
be in a net cash position and free of debt.

    The breakage fees payable will amount to approximately Euro 3.2 million. The Company has been advised that there is a financial
advantage to closing the facility because the facility no longer served any economic purpose.

    Further information will be provided within the interim accounts to be published on or around 30 September 2008.


    Enquiries:
    Chris Wells, Collins Stewart                                 +44 (0) 207 523 8350
    (Nominated Adviser)


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
MSCLAMATMMJTBBP
ACP Mezzanine (LSE:ACPM)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more ACP Mezzanine Charts.
ACP Mezzanine (LSE:ACPM)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more ACP Mezzanine Charts.