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Premier Oil lenders agree to waive debt covenants - Financial Times
Financial Times | Premier Oil lenders agree to waive debt covenants Financial Times Lenders to Premier Oil, one of the biggest independent oil companies in the UK North Sea, has agreed to waive its covenants for six months as the struggling company looks for more time to reduce debt. The company announced on Friday that the tests on ... Premier Oil defers test of financial covenants Premier Oil expects to reach debt agreement this quarter Premier Oil gets further reprieve from lending group |
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