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Petrofac agrees extension to credit facility

30 May 2017 14:14

Petrofac has announced that the Company and its lenders have agreed to extend $1bn of its $1.2bn revolving credit facility from 2 June 2020 to 2 June 2021.

This follows an extension request issued by Petrofac on 2 May.

The Company also confirmed that the remaining $200m will mature on 2 June 2020.

At 2:14pm: (LON:PFC) Petrofac Ltd share price was +13.2p at 402.2p

Story provided by StockMarketWire.com

Related Company: PFC

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