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Nasstar PLC - Interest rate margin reduction

Nasstar · NASA17 May 2017

RNS Number: 3146 F Nasstar PLC 17 May 2017 Nasstar plc. Nasstar, a provider of hosted managed and cloud computing services, is pleased to announce that following the testing of its senior debt covenants as at 31 March 2017, at which point leverage targets were surpassed, the interest margin payable by the Company on its senior debt has reduced today to 2.5% from...

RNS Number: 3146 F Nasstar PLC 17 May 2017 Nasstar plc. Nasstar, a provider of hosted managed and cloud computing services, is pleased to announce that following the testing of its senior debt covenants as at 31 March 2017, at which point leverage targets were surpassed, the interest margin payable by the Company on its senior debt has reduced today to 2.5% from...

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