15th Apr 2016 06:35
LONDON (Alliance News) - Oil and gas company Circle Oil PLC on Friday said the International Finance Corp has agreed to extend the suspension of repayments due under Circle's reserve-based lending facility.
The repayment deadline has been extended to May 13, having previously been due to expire Friday.
Circle said IFC has indicated willingness to consider further waivers as may be required as Circle Oil continues its strategic review.
By Sam Unsted; [email protected]; @SamUAtAlliance
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