HFA pushes debt repayments back to 2011

Mon Apr 6, 2009

HFA Holding executives have arranged to restructure the company's debt repayment timetable.

Expenses related to the group's 2007 acquisition of Lighthouse Partners were imminent, but the executives announced the completion of a loan facility that would push back repayment to financiers to November 2011.

Debt accrued from Lighthouse acquisition

The debt restructuring deal comes at a time when HFA has seen a dip in fee revenue...

ISSN: 2151-1845 / CDC10004H

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