fastjet (FN) has scrapped its convertible arrangement with New York-based asset management firm Bergen Global Opportunity Fund, because of the "potential adverse impact on the share price."
Tuesday, June 11, 2013
Friday, March 8, 2013
■ TANZANIA: fastjet secures additional $23.5mln in funding from New York investment firm as 1Time's liquidation postponed until October.
Tanzanian based LCC, fastjet (FN), has secured an additional USD23.5million (GBP15.68million) in funding following an agreement with Bergen Global Opportunity Fund, an institutional investment fund managed by Bergen Asset Management, LLC, a New York asset management firm.