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Security Leasing Corporation said it continues discussions with creditors to settle outstanding amounts. Some creditors have been paid and settled, while discussions with others are ongoing and many are nearly complete. The company expects a large payment from one debtor in the next few days, which it says will help meet its dues and support efforts to revive the company. Management is monitoring settlements and recoveries; results are expected to appear in the next annual financial statements.
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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