Biofuels Corporation renegotiating debt with Barclays that could see AIM delisting

April 6, 2020 |

In the UK, the Northern Echo newspaper reports that Teeside-based Biofuels Corporation is negotiating more than GBP100 million in debt with Barclays that could end up eroding shareholding as well as delisting from the Alternative Investment Market, a move that saw its overall value shed by £8 million has investors pushed down the price’s AIM-listed stock. Production at its facility began in March 2019 after first listing on AIM in 2004 but has only been running at 25% production capacity since the start of the year.

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Category: Fuels

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