However, in January 2009 the company appointed Rothschild to advise on talks with its banking syndicate, led by Royal Bank of Scotland ( RBS ) and Mediobanca to restructure a EUR 1.1bn debt.
32.
Instead of accepting the offers or negotiating the terms, First said Sanjel and its banking syndicate postponed meetings with bondholders and appointed a debt monitor without the bondholders knowledge over the course of the winter.
33.
In a note to shareholder, Bellanger at Schelcher Prince said the brokerage is now awaiting work on decisions to be taking by the banking syndicate that lent to Eurotunnel between now and the end of summer.
34.
In a note to shareholders, Bellanger at Schelcher Prince said the brokerage is now awaiting word on decisions to be taking by the banking syndicate that lent to Eurotunnel between now and the end of summer.
35.
The bankruptcy filing, made in U . S . Bankruptcy Court in Wilmington, Del ., came after the company had been deadlocked in negotiations with its banking syndicate and insurance companies for months over $ 1.4 billion in debt.
36.
Trading of Eurotunnel shares was suspended Monday, " to avoid speculation at a time of uncertainty ", while the company carried on talking to the six steering banks at the head of the 225-member banking syndicate beyond the deadline.
37.
If the board and the 25 leading banks in the banking syndicate approve the blueprint this week, the outlines of the plan will be made public early next week, allowing trading of the shares to resume, the company said.
38.
That month, a banking syndicate purchased the entire bond amount from the RFC . The previous month, a proposed railroad from Pittsburgh to Harrisburg ( on the former South Pennsylvania Railroad right-of-way designated for the turnpike ) was turned down.
39.
The bank also supported Charles of Anjou in his conquest of the Kingdom of Sicily; through a network of " virtual banking syndicates " the bank secured a loan of 200, 000 " livres tournois " for the Angevin monarch.
40.
Trading of Eurotunnel shares was suspended " to avoid speculation at a time of uncertainty, " while the company carried on talking to the six steering banks at the head of the 225-member banking syndicate long after the deadline had expired.
