Investor Relations
News Detail
Extension of Financial Standstill Agreement
Dublin – 26th June, 2009: Independent News & Media PLC ('INM' or the 'Group') and Independent News & Media (Finance) Limited (Issuer of the 5.75% €200 million guaranteed Bonds) announce that the financial standstill entered into on 17th May 2009 with their principal Banks and Bondholders for the period to 26th June 2009 has been extended. The financial standstill period will now run until 24th July 2009 (or any earlier date of termination under the standstill agreement or later date if agreed to by the required parties).