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BRIEF-Terra Firma Capital Corp says Q1 revenue rose 7 percent to c$4.3 mln

Published 2016-05-11, 08:24 a/m
© Reuters.  BRIEF-Terra Firma Capital Corp says Q1 revenue rose 7 percent to c$4.3 mln
TII
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May 11 (Reuters) - Terra Firma Capital Corp TII.V
* On april 25, 2016, one of co's borrowers filed notice of
intention to make proposal under bankruptcy and insolvency act
(canada)
* Total loan exposure to borrower is approximately $13.9
million and is secured
* Already commenced enforcing its security on loans, but
process has been temporarily stayed by filing of noi
* In short term, anticipate that there may be a negative
impact on ability to earn income on outstanding amounts
* Terra firma capital corporation reports results for the
three months ended march 31, 2016
* Q1 revenue rose 7 percent to c$4.3 million
* Q1 earnings per share c$0.00
* Q1 earnings per share view c$0.02 -- Thomson Reuters
I/B/E/S

Source text for Eikon: ID:nCCN57x5Xv
Further company coverage: TII.V

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