14 November 2014
RBS Change Terms OF Peverel Loans
In a move approved by the directors of Peverel (parent company Knight Midco) as the way to keep Peverel trading, they have agreed to the demands of RBS to relinquish their first call over debts in favour of RBS. Since all the assets have been pledged, RBS is in effect in control of Peverel.
