Shoreline bondholders back two-year repayment delay as contractor disputes company’s claims

Investors in Shoreline Mall plc have overwhelmingly approved the company’s controversial request to postpone the repayment of its €14 million bond by two years, despite an escalating public dispute over the reasons behind the restructuring. At a bondholders’ meeting held on Tuesday, investors voted by 95.65% in favour of extending the redemption date of the … Continued

By Ivan Camilleri