Max Petroleum gets go-ahead for restructuring
25.12.2012
By Giles Gwinnett
A planned debt restructuring by oil and gas explorer Max Petroleum (LON:MXP) has received the go-ahead from shareholders and bondholders.
The firm announced its intention to carry out the refinancing at the end of November this year when it unveiled a new US$90 million credit line agreement with Sberbank...