TEN 0.00% 16.0¢ ten network holdings limited

News: Australia's Ten Network says Lachlan Murdoch and second backer call time on debt

  1. 68,069 Posts.
    lightbulb Created with Sketch. 460

    June 13 (Reuters) - Australian television station Ten Network Holdings Ltd (TEN) said two high profile backers, including News Corp co-chairman Lachlan Murdoch, have informed it they won't extend their support for the company's loan facility after 2017.

    The youth-oriented free-to-air braodcaster said in a statement on Tuesday that Murdoch's private company Illyria Pty Ltd and Birketu Pty Ltd, owned by regional television owner Bruce Gordon, would not extend a credit facility which expires on Dec. 23, 2017. [nASXbfPYRx]

 
watchlist Created with Sketch. Add TEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.