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8 months ago
BRIEF-Premier Oil gets monthly deferral for test of its financial covenants
November 30, 2016 / 7:25 AM / 8 months ago

BRIEF-Premier Oil gets monthly deferral for test of its financial covenants

1 Min Read

Nov 30 (Reuters) - Premier Oil Plc

* Has received a monthly deferral in respect of test of its financial covenants with test for 12 month period ending 30 November 2016

* Waived and replaced by a test for 12 month period ending 31 December 2016

* Is making good progress in finalising revised terms of its financial facilities and agreements

* Expects to continue to receive monthly deferrals until negotiations with its lending group conclude. Source text for Eikon: Further company coverage:

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