Tuesday March 31, 2020

Eircom says no negotiations so far on debt

Eircom has said it has yet to begin formal negotiations with its shareholders and bondholders on the need to restructure the company’s debt.

28th May, 2011

Eircom has said it has yet to begin formal negotiations with its shareholders and bondholders on the need to restructure the company’s debt.

Chief executive Paul Donovan said preliminary discussions took place in recent weeks, but formal negotiations were not expected to start before the height of the summer holiday period.

Donovan was speaking after the group published its third quarter results last Friday.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago