FILE PHOTO: Signage seen at a branch of the Travelex Currency Exchange in London, UK, January 8, 2020. REUTERS / Toby Melville
(Reuters) – Currency Exchange Service Provider Travelex [TFPI.UL] said on Wednesday that it would pay out a coupon payment of 14.4 million euros ($ 15.6 million) on some of its senior notes as it struggles with a hit for earnings amid the coronavirus crisis.
The London-based company whose mother is Finablr (FINF.L), said it also explored a sale while talking to lenders and advisors about a long-term solution.
Reporting from Pushkala Aripaka in Bengaluru; Editing by Anil D’Silva