GREY:CXEYF - Post by User
Post by
pwade0821on Jan 27, 2015 9:51am
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Post# 23367051
of course Afren is in trouble
of course Afren is in trouble Afren plc (“Afren” or the “Company”) provides an update regarding the review of its capital structure, liquidity and funding requirements announced on 20 January 2015.
In light of the significant dislocation in the industry and related financing markets resulting from the rapid decline in oil prices, the Board has been reviewing the funding and liquidity requirements of the business and seeking to address how it manages the overall leverage position of the Company.
we can't win!
Hope everyone is doing well!
Pat