Small Caps News

Petrofac increases fundraising target amid ongoing restructuring efforts

By Iain Gilbert

Date: Monday 24 Feb 2025

(Sharecast News) - Energy services firm Petrofac increased its planned equity raise from $194.0m to $224.0m on Monday, taking its total restructuring plans to an estimated cost of $355.0m.
Petrofac stated a convening hearing was scheduled for 28 February, and a sanction hearing was set for 26 March, with the group...

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