Proactive Investors - Run By Investors For Investors

EVP: Refinance deal shows “maturity” of Mytrah Energy

Mytrah Energy (LON:MYT) executive vice president, Bob Smith, believes that the power producer is “setting a standard for the industry” with its recent debt refinancing package.

The company has negotiated a deal with three banks to replace loans that were with 22 banks, a transaction he says is “a real reflection of the growing maturity” of Mytrah.

Smith also states that the variable winds that affected the firm’s performance last year were a “one-off”, and is “very confident that that’s not an indication of the future”.

Meet FERRUM CRESCENT LIMITED, Landore Resources Ltd., Medusa Mining Limited and Wishbone Gold PLC at our event, London, 08 September 2016. Register here »
Why Invest In Mytrah Energy Ltd? Read More Here

Register here to be notified of future Mytrah Energy Ltd articles
View full MYT profile

Mytrah Energy Ltd Timeline

August 14 2015

© Proactive Investors 2016

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.