METS

Boart negotiates credit leeway

DRILLING contractor Boart Longyear says amendments to its revolving credit facility will provide financial flexibility as the company continues to pursue a recapitalisation solution.

Justin Niessner
Boart negotiates credit leeway

The development builds on a strategic review initiated by Boart in February and represents the company’s ongoing efforts to fend off negative attention such as a ratings downgrade by Standard & Poor’s...

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