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3. When did the Company engage with Bondholders regarding restructuring of the bonds?

The Company announced in its 2015 full year results released on 21 March 2016 that the bonds were due for repayment on 30th June 2016 and that the Company had begun engagement with its principal Bondholders.  It also highlighted in those accounts a material uncertainty in relation to XEL's and XER's (together, the "Group") ability to continue as a going concern.

Published : Monday, November 28, 2016 5:52 PM UTC