Application For The Appointment of An Examiner
Eircom notified the public in February 2012 that they decided to no longer honouring their debt, had entered default status and swould not continue as a going concern. Eircom gave notification that they have canceled a mandatory interest payment on their publicly traded senior corporate bond, then due to mature in 2016.
On March 29, 2012, a number of companies within the Eircom Group presented a petition to the Irish High Court for the appointment of an examiner.
See: http://siteassets.eircom.net/assets/static/pdf/IR/Investor%20Update%2009_02_2012.pdf and http://siteassets.eircom.net/assets/static/pdf/IR/Investor%20Update%2016_02_12.pdf
Read more about this topic: Eircom, Eircom Defaults On Debt Obligation
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