Summary
Embattled shareholders of engineering group Jarvis will be left with just 4.75% of the company following a debt-for-equity restructuring.
The proposed financial rescue plan, which is needed to tackle debts of more than pounds 300m, was announced yesterday alongside confirmation that Deutsche Bank will offer loans totalling pounds 31.4m to meet short-term trading needs.See the full content of this document
Extract
Investors Lose Out As Jarvis Restructures
The extent of the dilutive impact on shareholdin...
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