Summary
Biofuels Corporation lost more than a quarter of its stock market value yesterday after saying it may swap a share of the company for cash.
The embattled Billingham company, which already has pounds 95m of debts, said earlier this year that it would need to borrow up to pounds 25m more this year. Yesterday it confirmed Barclays had agreed to roll over its banking facilities until the end of June, but said that it would probably need more money after the end of May.See the full content of this document
Extract
Share Swap News Hits Biofuels
It said it was discussing a range of ...
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