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...