In the half-year, the Group paid out $25.5 million in bank debt and $21.3 million in unlisted convertible note debt.This was replaced by a $15.4 million secured loan with the major listed convertible noteholder, Special Utilities Investment Trust -- Anonymous

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Subject	Author	Date
Mr Fogarty said the proposed sale would allow a significant amount of capital to be redeployed to ERG's core transitticketing business while ensuring long-term access to PW's (NT)	core technology which will allow the Group to continue with its multi-application smart card strategy.	Thursday, March 06, 08:12:23am

Subject: In the half-year, the Group paid out $25.5 million in bank debt and $21.3 million in unlisted convertible note debt.This was replaced by a $15.4 million secured loan with the major listed convertible noteholder, Special Utilities Investment Trust
Author: and $14.2 million of debt drawn down under the Babcock & Brown facility - a net debt reduction of $17.2 million.	[ Next Thread \| Previous Thread \| Next Message \| Previous Message ] Date Posted: Thursday, March 06, 08:04:12am In reply to: 6/3/2003 's message, "2003 Half Year Review" on Thursday, March 06, 01:17:03am [ Next Thread \| Previous Thread \| Next Message \| Previous Message ]