Exalco Finance plc - ‘COVID-19’ Market Update

On 2 April 2020, Exalco Finance plc issued an announcement reassuring its bondholders that it has sufficient resources at its disposal to honour its existing payment obligations, including those relative to the forthcoming interest payment which falls due on 20 August 2020. Exalco also noted that in such unprecedented times, the continued viability of the company, including its ability to maintain its obligations under the bonds, remains its primary focus. To this end, it will constantly keep the evolving situation under review whilst taking all the necessary measures to curb any potential negative impact on the company and its business.

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