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Petrofac Extends Forbearance Agreement Amid Restructuring
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Petrofac Extends Forbearance Agreement Amid Restructuring

Petrofac (GB:PFC) has released an update.

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Petrofac Limited has extended its forbearance agreement regarding missed interest payments on senior secured notes, pushing the deadline from November 15 to December 13, 2024. The agreement involves a group of noteholders representing nearly half of the outstanding notes as the company seeks to progress its financial restructuring. Investors are encouraged to stay informed through Petrofac’s ongoing market announcements.

For further insights into GB:PFC stock, check out TipRanks’ Stock Analysis page.

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