China-focused resources firm Fortune Oil has received a formal waiver from the facility agent on behalf of the over two thirds majority of lenders from the Fortune Oil group's medium-term lending syndicate.
A statement issued by the company on Wednesday morning announced it would send a circular to shareholders in due course, which would contain the details of the general meeting in order to approve the proposed transaction.
MF
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Barclays begins paying up to £100 compensation to customers after banking outageBarclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
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