CORRECTED-UPDATE 1-Premier Oil creditors back new debt structure, shares rally
Creditors of Premier Oil gave the
indebted oil and gas producer their approval for $800 million of
North Sea acquisitions under a scheme that would allow it to
delay debt repayments and issue new shares.
indebted oil and gas producer their approval for $800 million of
North Sea acquisitions under a scheme that would allow it to
delay debt repayments and issue new shares.
Posted by Reuters
