High Plains Corp (NASDAQ:HIPC) Q2 Dec 31 net rises
Reuters, Tuesday, January 21, 1997 at 10:46
WICHITA, Kansas, Jan 21 (Reuter) -
1996 1995
Shr $0.19 $0.12
Net 3,012 1,856
Revs 16,788 23,594
Avg shrs 16,073 16,022
6 MONTHS
Shr $0.08 $0.15
Net 1,174 2,280
Revs 18,128 43,656
Avg shrs 16,043 15,715
(All data above 000s except per share numbers)
Copyright 1997, Reuters News Service
High Plains Corp (NASDAQ:HIPC) retires $13.2 mln debt
Reuters, Wednesday, January 15, 1997 at 12:54
WICHITA, Kan., Jan 15 (Reuter) - High Plains Corp said
Wednesday it has retired the $13.2 million balance of its debt
through Bank One, Indianapolis, with proceeds from a new loan
from the National Bank of Canada (TSE:NA).
High Plains said the new financing package includes an $11
million, five-year-term loan and a $4 million revolving loan
secured by the company's York, Nebraska, ethanol plant.
"We were able to prepay the Bank One debt without
prepayment penalty," said Raymond Friend, the company's chief
financial officer.
High Plains also announced the completion of new financing,
through <MetLife Capital Corp>, to fund its Industrial Grade
Ethanol production upgrade.
High Plains is one of the nation's largest producers of
ethanol.
Copyright 1997, Reuters News Service |
