StockMarketWire.com - Subprime lender Non-Standard Finance said talks with large shareholders about a potential equity raising had been positive.

The company also said that discussions with its lenders were proceeding positively.

Non-Standard Finance said the provider of the its £200m securitisation facility had agreed to extend a previous waiver 'so that a more permanent solution can be reached whereupon the group will make a further announcement'.

The company reiterated that it was exploring alternative capital structures under which the facility could help to fund its growth plans.

'Preliminary discussions with a number of the group's larger shareholders regarding a possible equity issue to facilitate such a plan have been positive and are ongoing,' it said.




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