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Petrofac delays results, says it may need to convert existing debt to equity

By Michele Maatouk

Date: Monday 29 Apr 2024

(Sharecast News) - Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity.
The company said it expects a short delay in issuing its 2023 results, which it now...

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