Indo's debt talks push results back
28 April 09
Independent News and Media has pushed back the date of its full year results as it struggles to strike a deal over €200m of its debt. It has announced that its results will not now be published until 30th April, six days later than originally planned.
The publishing group has been working with holders of a bond which is due to be repaid next month. Sources says it is trying to roll over the debt, and is likely to concede better terms for at least some of those involved. The publishing group has declined to comment on its negotiations.
