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Petrofac Creditors Agree to Convert Majority of Debt Into Equity [BNN Bloomberg (Canada)]
PETROFAC LTD UNSP/ADR (POFCY)
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Source: BNN Bloomberg
NASDAQ:AMEX Investor Relations: petrofac.com/en-gb/investors
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Under the proposal, Petrofac will get new long-term funding underwritten by an ad hoc group of senior secured noteholders, plus an equity injection from new and existin
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