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Debt reprieve for Xcite

Xcite Energy has gained bondholder backing to extend the maturity deadline for $135 million of debt to give the cash-strapped UK independent more time to find a refinancing solution.

Extra time: for Xcite in talks with bondholders
Extra time: for Xcite in talks with bondholders
Published 30 June 2016, 12:57Updated 25 October 2016, 15:24
Europe