Alpha Pyrenees extends debt maturity with Barclays

15th Oct 2015 11:13

(ShareCast News) - Alpha Pyrenees Trust has agreed a new extension on its €257.8m debt facilities with Barclays to 15 April 2016.The company said current interest rates will continue to apply to the facilities during the extension period."The trust has the support of its lender for an orderly realisation of its investment property. The investment manager will continue to concentrate on active asset management and property management initiatives to secure the trust's income while pursuing asset sale opportunities."At 1117 BST, shares were up 153% to 0.95p.