Advise from trinity consolidating
Our financial advisory and audit teams performed the role of reporting accountants during this acquisition, supporting the publication of a Class 1 circular - an explanatory document issued to shareholders during a transaction that must be formally approved by the UK Listing Authority (UKLA).
We added significant value and support, providing advice on the latest listed company transaction requirements and advised the client on ensuring an efficient and effective process to support the completion of the Local World deal.
Trinity Mirror plc is the largest newspaper publisher in the UK and publishes some of the nation’s favourite national and local newspaper titles including the Mirror, the Manchester Evening News and the Liverpool Echo.
The newspaper industry is undergoing significant structural change, as rapid developments in technology change the way in which we consume news and commentary, pressuring businesses to innovate and deliver cost savings.
Their behavior hasn’t changed, so it’s extremely likely they will go right back into debt. The debt includes a two-year loan for ,000 at 12%, and a four-year loan for ,000 at 10%.The truth is debt consolidation loans and debt settlement companies don’t help you slay mammoth amounts of debt.In fact, you end up paying more and staying in debt longer because of so-called consolidation.Mortgage underwriting guidelines for traditional mortgages will consider your credit trashed, so don't do it. Change your financial behavior and change your life—for good. Once you have a real debt management plan in place, its only a matter of time. These are just people who are serious about getting out of debt.
Real debt help is found only in changing your behavior. True debt management is about one thing: you controlling your money. We have people every week email or call us about how they have paid off k, k, sometimes even 0,000 in debt. Many of them are making ,000 to ,000 when they decided to be debt free. That’s why we have partnered with Trinity Debt Management, an Ohio-based, non-profit company.