http://www.allco.com.au http://www.allco.com.au/images/feedlogo.gif http://www.allco.com.au/ Latest News from Allco Finance Group en 6/09/2008 10:00:27 AM http://www.allco.com.au/rss/ Copyright 2008 Allco Finance Group http://www.allco.com.au/news.aspx?m=439&amid=6257 6258 <p>Pursuant to ASX Listing Rules 3.17 and 15.2.1, attached is a copy of a letter being mailed today to shareholders of Allco Finance Group, providing an update on the progress of its restructuring plan, new senior debt facility and asset sale program.</p> Fri, 05 Sep 2008 10:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6236 6249 <p>Attached for release to the market is the 2008 Annual Result Announcement and Business Update presentation slides.</p> Fri, 29 Aug 2008 10:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6239 6239 <p>Further to the ASX announcement on 21 August 2008, Allco Finance Group (Allco) is pleased to advise that its previous senior debt facilities have been refinanced on the terms outlined in that announcement. The maturity date for the new senior debt facility is 30 September 2009.</p> Fri, 29 Aug 2008 13:20:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6234 6237 <p>Allco Finance Group (Allco) today outlined its new corporate strategy as it released the 2008 annual result.</p> Fri, 29 Aug 2008 10:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6227 6228 <p>Allco Finance Group (Allco) is pleased to announce that its new senior debt facility has been signed today with its syndicate banks.</p> Thu, 21 Aug 2008 13:30:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6206 6206 <p>As announced on 31 July 2008, Allco Finance Group's new senior debt facility has been approved by all the syndicate banks, subject to the completion of final documentation.</p> Thu, 14 Aug 2008 09:30:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6201 6203 <p>Allco Finance Group (Allco) has today announced the completion of the sale of part of its Singaporean real estate arm to Frasers Centrepoint Limited (FCL). The completion follows confirmation of no objection from the Monetary Authority of Singapore and the approval of the Foreign Investment Review Board in Australia and finalisation of other closing conditions.</p> Thu, 14 Aug 2008 19:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6109 6202 <p>Allco Finance Group (Allco) has today announced the sale of part of its Singaporean real estate arm for S$180 million (approximately $A138 million) to Frasers Centrepoint Limited (FCL).</p> Tue, 08 Jul 2008 11:20:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6137 6137 <p>Following the ASX announcement on 15 July 2008 indicating that Allco Finance Group (Allco) had reached agreement with its banking syndicate on the terms of the new senior debt facility, Allco advises that its twelve syndicate banks have all obtained their required internal approvals for the new facility. The facility remains subject to final documentation.</p> Thu, 31 Jul 2008 09:30:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6127 6127 <p>ASX-listed Allco Finance Group ("Allco") and AGL Energy Limited ("AGL") have today agreed to the sale and purchase of Allco's Australian wind energy interests for a total sale price of A$12.5 million. The interest being sold comprises 7 projects at various stages of development in Queensland, New South Wales and South Australia, with a total potential capacity of up to 1,120MW.</p> Wed, 23 Jul 2008 09:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6115 6115 <p>ASX-listed Allco Finance Group ("Allco") announced today the completion of the sale of Tehachapi wind development assets owned by Allco and its co-investment partners to a consortium comprising Terra-Gen Power ("Terra Gen") and ArcLight Capital Partners, LLC<br /> ("Arc Light") for US$325 million.</p> Thu, 17 Jul 2008 09:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6113 6113 <p>Allco Finance Group (Allco) is pleased to announce that it has reached agreement with its banking syndicate on the terms of the new senior debt facility, subject to the documentation of<br /> those terms and the twelve syndicate banks obtaining their required internal approvals.</p> Tue, 15 Jul 2008 10:45:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6094 6095 <p>Allco Finance Group (Allco) advises that the discussions with its senior banks continue in a positive manner, with a further extension for both the $250 million bridge facility and the review period consequent on the Review Event agreed until 31 July 2008. This extension comes as Allco continues to demonstrate its ability to achieve good outcomes in its asset realisation program, as outlined in Allco’s business restructure program, and meet its debt repayment schedule that targets lowering its senior debt to $400 million by September 2009.</p> Tue, 01 Jul 2008 09:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=6081 6081 <p>ASX-listed Allco Finance Group ("Allco") and a consortium comprising the US-based ArcLight Capital Partners and Terra-Gen Power, have today agreed to the sale and purchase of Allco's and its co-investors' US wind energy interests for a total sale price of US$325 million. The interests being sold comprise a circa 3100MW wind development project in Tehachapi, California, one of the largest wind development projects in the world.</p> Tue, 17 Jun 2008 15:10:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=5900 5900 <p>Allco Finance Group (Allco) advises that it has reached agreement with its banks to further extend both the $250 million bridge facility and the review period consequent on the Review Event until 30 June 2008.</p> Fri, 30 May 2008 09:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=5419 5419 <p>Further to the ASX announcement on 11 April 2008, Allco Finance Group Limited (Allco) advises that it has reached agreement the financiers under its $250 million bridge facility, to extend the maturity date of that facility from 1 May 2008 to 30 May 2008 or such later date as they may notify to Allco.</p> Thu, 01 May 2008 09:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=5156 5201 <p>Pursuant to ASX Listing Rules 3.17 and 15.2.1, attached is a copy of a letter being issued today to shareholders of Allco Finance Group, providing a status report on the progress of its restructuring plan, and a summary of the company’s half year results to 31 December 2007.</p> Thu, 17 Apr 2008 09:00:00 +1000 http://www.allco.com.au/news.aspx?m=439&amid=4605 5128 <p>Allco Finance Group (Allco) notes the following letter that has been received from Allco Principals Investment Pty Ltd (API) regarding certain information API has received from its margin lenders.</p> Wed, 23 Jan 2008 09:00:00 +1100 http://www.allco.com.au/news.aspx?m=439&amid=4607 5126 Mon, 25 Feb 2008 09:00:00 +1100 http://www.allco.com.au/news.aspx?m=439&amid=4608 5125 <p><strong>Coe to remain actively involved with AFG on strategy and origination; Fell to remain actively involved in the Real Estate business; and Turnbull to continue in his executive role in Hong Kong.</strong></p> Mon, 03 Mar 2008 09:00:00 +1100 http://www.allco.com.au/news.aspx?m=439&amid=4636 5124 <p>Allco Finance Group (Allco), the Australian ASX-listed fully integrated global financial services business, has retained Marathon Capital, LLC to assist it in the sale of its global wind energy business, Allco Wind Energy (AWE). AWE owns, or has rights to, a portfolio of investments in wind energy projects totalling approximately 4,000 MW in the United States, Europe and Australasia and features one of the largest wind development projects in the world - the 3,100 MW Tehachapi project in California. AWE can also boast a well established and recognised global team of 23 wind energy specialist staff with over 150 years of experience in originating, developing, constructing, financing and operating wind and energy projects.</p> Tue, 11 Mar 2008 09:00:00 +1100