Investor Relations
News Detail
25th Sep 2009
Extension of Financial Standstill Agreement
Dublin – 25th September, 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 with their principal Banks and Bondholders for the period to 25th September, 2009 has been extended. The financial standstill period will now run until 30th October, 2009 (or any earlier date of termination under the standstill agreement).