MIDI offloads more assets to Panama-owned company as bond deadline looms

MIDI plc has signed yet another promise-of-sale agreement, divesting additional assets as it races to secure funds to repay a €50 million bond maturing in July. In a company announcement, MIDI confirmed that it has agreed to sell the still-unfinished T15 building at Tigné Point – the last remaining block in the original Tigné master … Continued

By Ivan Camilleri