Feb 6, 2019 | NEWS
Interserve has provisionally agreed a deal with its lenders to swap £480m of its debt for new equity. source https://www.constructionnews.co.uk/companies/contractors/interserve/interserve-agrees-480m-debt-for-equity-swap/10039696.article
Feb 6, 2019 | NEWS
Interserve has agreed principles of a debt for equity rescue deal with its lenders. Debbie White, CEO of Interserve, said: “Agreeing the key commercial terms of the deleveraging plan with our lenders, bonding providers and Pension Trustee is a significant step...
Feb 6, 2019 | NEWS
BCEGI has been confirmed on phase two of the £1bn Middlewood Locks development in Manchester. Developers Scarborough International Properties Limited and FairBriar International worked with the Chinese contractor on the first phase which was completed last October....
Feb 6, 2019 | NEWS
Developer London + Regional Properties has submitted plans to reconfigure and extend a major office building next to London’s Elephant & Castle tube station. Skipton House, built in 1993, will be partially demolished and extended upwards by six floors, under...
Feb 6, 2019 | NEWS
HS2 has today named the construction teams that will build the London terminus at Euston and the west London super-hub at Old Oak Common.HS2 has today named the construction teams that will build the London terminus at Euston and the west London super-hub at Old Oak...