Financial Announcements
Completion of debt restructuring
6 Aug 2020
Further to its announcement on 7 July, Travelex is delighted to confirm that, following the filing of notices of intention to appoint administrators, the completion of its debt restructuring in accordance with the Lock Up Agreement (the “Restructuring”) is scheduled to occur later today.
Update on retained Travelex group
30 Jul 2020
Travelex remains on track to deliver the transaction by the target transaction close date. Please find more information within these Cleansing Materials - Retained Group and Initial FundCo update.
Extension of consent fee lock-up date
17 Jul 2020
Travelex is pleased to announce that 84% of Senior Secured Noteholders have acceded to the Lock Up Agreement relating to the debt restructuring proposal announced by the Company on 7 July 2020.
Restructuring progress and consent fee
13 Jul 2020
Travelex provides an update on progress being made on the proposed debt restructuring.
Update on debt restructuring implementation
8 Jul 2020
Travelex’s subsidiary Travelex Banknotes Limited (“TBL”), has today served a notice of intention to appoint PwC as administrators marking the first of several steps in the implementation of its proposed debt restructuring announced on 7 July 2020.