INEOS Group successfully Resets Covenants – Proposals agreed by over 96% of the Group’s lenders
Deal Size: Undisclosed
INEOS Group Limited announces that it has successfully reached agreement with its senior lenders on a package of amendments to the Group’s financing arrangements, including a reset of the Company’s financial covenants.Proposals, which required approval by two-thirds of the 230 strong banking consortium, have been agreed by over 96% of the Groupâ€™s lenders, without amendment.
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