Wednesday, 24 April 2024

Announcement

GENERAL: RBC: RBC receives Tenon capital return & repays bank facility

28 Dec 2016 08:30NZX
Rubicon confirms receipt of Tenon capital return and repayment of bank
facility

24 December 2016 - Rubicon confirms it has received approximately US$42.6
million, being its 59.78% share of Tenon''s US$71.3 million capital return
paid yesterday. Rubicon immediately repaid in full its US$20 million bank
loan and intends to repay its sub-ordinated loans prior to their maturity of
1 July 2017.

ENDS
End CA:00294927 For:RBC    Type:GENERAL    Time:2016-12-28 08:30:17
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Rubicon Limited
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