Brief: Petrofac Says Active Discussions Progressing With Co's Stakeholders Including Lending Group

Petrofac

05/03/2024 07:37

March 5 (Reuters) - Petrofac Ltd  PFC.L :
    * PETROFAC LIMITED PETROFAC LIMITED: UPDATE ON REVIEW OF
STRATEGIC
AND FINANCIAL OPTIONS
    * REG-PETROFAC LIMITED PETROFAC LIMITED: UPDATE ON REVIEW OF
STRATEGIC AND FINANCIAL OPTIONS
    * PETROFAC - ACTIVE DISCUSSIONS ARE PROGRESSING WITH
PETROFAC'S
STAKEHOLDERS INCLUDING ITS LENDING GROUP
    * PETROFAC - ACTIONS ARE BEING UNDERTAKEN WITH AIM OF
MANAGING
GROUP'S PAYMENT OBLIGATIONS
    * PETROFAC - NEGOTIATIONS CONTINUE WITH A BROAD SET OF
CREDIT
PROVIDER
    * PETROFAC - WORKING TO CONCLUDE DISCUSSIONS WITH THESE
COUNTERPARTIES AS SWIFTLY AS POSSIBLE
    * PETROFAC - GROUP CONTINUES TO MAKE GOOD PROGRESS WITH
CONTRACTS
AWARDED IN 2023
    * PETROFAC - GOOD PROGRESS WITH CONTRACTS AWARDED IN 2023,
WHICH
INCREASED BACKLOG OF GROUP TO OVER US$8 BILLION

Source text for Eikon:  ID:nEQ4qLf4a 
Further company coverage:  PFC.L 

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