Andalas Energy & Power (ADL) – Extension of Term of Loan note

Andalas Energy and Power Plc (AIM: ADL) is pleased to announce an update on its zero coupon loan note issued to Sandabel Capital L.P. Sandabel has agreed to extend the Maturity Date of the £500,000 Loan Note to 28 July 2017.  The fee associated with the extension is £50,000, which will be repaid alongside the […]

Andalas Energy and Power (ADL) – Loan Note

Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL) has issued a £500,000 zero coupon loan note which will strengthen the Company’s working capital position while it continues to progress the Company’s strategy. The Loan Note, which has been issued to Sandabel Capital L.P. is secured against the assets of […]