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10Sep92 UK: EUROTUNNEL PRESSES AHEAD WITH CASH TALKS.

Eurotunnel is locked in talks with its banks to arrange future funding of the Channel Tunnel even though it has yet to resolve its £1,200 million dispute with TML.The developer denied reports that the banks had imposed a deadline for agreement with the contractor and said talks would continue with the banks during this month.The talks will be aimed at getting a further waiver of its loan agreement which Eurotunnel breached earlier this year.The banks granted a waiver in May allowing ...

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