INTERVIEW-Northgate confident it can renegotiate bank terms

Newswire

LONDON, Feb 25 (Reuters) - British van hire company Northgate is very confident it will be able to successfully renegotiate the terms of its bank debt, Finance Director Bob Contreras said in an interview with Reuters. Northgate, which has issued three profit warnings over the past five months, has instigated talks with its banks and other lenders after saying it was in danger of breaching covenants because of deteriorating trading, a write-down in the value of assets, and the weakness of ...

Premium Content (PAID Subscription Required)

"INTERVIEW-Northgate confident it can renegotiate bank terms" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×