LNG Ltd recapitalisation go ahead

LNG Limited’s administrators PwC will seek a recapitalisation after orders from the Victorian Supreme Court confirmed they are justified and acting reasonably in seeking expressions to either pursue a path back to market or to sell off the remaining assets as part of the phase 2 administration.

LNG Ltd recapitalisation go ahead LNG Ltd recapitalisation go ahead LNG Ltd recapitalisation go ahead LNG Ltd recapitalisation go ahead LNG Ltd recapitalisation go ahead

 

The administrators applied to the court at the end of June to move on the options. 

Administrators are now targeting indicative offers by July 24.