Good Spirits Hospitality has announced that its term loan facility has expired and the company is now in default on the loan.
The outstanding amount on the loan is $19.25 million.
No further details were provided in the announcement.
See moreExchange reaches second-highest level of the year.
NZ Coastal Seafoods wants a new start in Australia.
Gamblers Anonymous meetings are filling up with people hooked on trading and betting.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details