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BRIEF-Terra Firma Capital Issues Update On Urbancorp Matters

Published 2018-10-29, 04:42 p/m
BRIEF-Terra Firma Capital Issues Update On Urbancorp Matters
TII
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Oct 29 (Reuters) - Terra Firma Capital Corp TII.V :

* TERRA FIRMA CAPITAL CORPORATION UPDATE ON URBANCORP MATTERS

* TERRA FIRMA CAPITAL - TRUSTEE IN ISRAEL PURSUING ACTION AGAINST CO, PRINCIPALS, SOME PROFESSIONAL ADVISORS RELATED TO BOND OFFERING IN ISRAEL IN 2015

* TERRA FIRMA CAPITAL CORP - AT JUNE 30, 2018, CO HAD BALANCE OF DEFAULTED LOANS NET OF ALLOWANCES PREVIOUSLY TAKEN OF $12.1 MILLION

* TERRA FIRMA CAPITAL CORP - OF $12.1 MILLION, CO IN PROCESS OF COLLECTING $8.3 MILLION

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