Tuesday 05 July 2016 by FIIG Research Company updates

Company updates – Barminco, CBL Corporation, IMF Bentham, NEXTDC and Plenary

Barminco awarded two major contracts, IMF received cash boost from case settlements and all PPP projects under the Plenary bond now in operational phase

Barminco

Barminco has recently been awarded two major contracts, proving credit positive for the contract mining company. It has also repurchased bonds in a privately negotiated transaction.

More information is available here.External link - opens in a new window

CBL Corporation  

CBL Corporation recently held a meeting to discuss the planned acquisition of Securities and Financial Solutions Europe SA (SFS).

More information is available here.External link - opens in a new window

IMF Bentham

IMF Bentham has sold its stake in the European joint venture and will take additional profit in FY16. Its cash position has also received a significant boost from recent major case settlements.

More information is available hereExternal link - opens in a new window and here.External link - opens in a new window

NEXTDC

NEXTDC continues to get media coverage as a potential takeover target for global players.

More information is available here.External link - opens in a new window

Plenary

Plenary has received notification of commercial acceptance for the Victorian Comprehensive Cancer Centre (VCCC) project. As such, all PPP projects under the Plenary bond are now in the operational phase.

More information is available here.External link - opens in a new window

 

Earn over
6% pa* with Corporate Bonds

Subscribe to The WIRE newsletter

Sign up to a free weekly newsletter to get the latest investment news.