Torex said it expects to hold further discussions with its bankers on its medium-to-long-term financing requirements when it has finalized results for 2006 and has an up-to-date view of future trading prospects.
Bankers bail out Torex
A syndicate of banks has agreed to provide Torex Retail Plc with the 15m pounds ($29.2m) it needs to meet its short-term working capital requirements. The loan is on top of its existing total banking facilities of 152.5m pounds ($296.5m).
