Potential investor TFB declines equity stake in Silverjet

Silverjet announced that TFB Mortgages declined to convert its £10 million convertible loan into new ordinary shares in the all-business-class airline at £0.60 per share ( ATWOnline , Dec. 3, 2007) . The loan is due to be repaid on Dec. 17, 2009. TFB said in a statement, "Because of recent market...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.