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Prospect News home > News index > List of issuers B > Headlines for Baxi Holdings Ltd. > News item |
Baxi talking to lenders about revising loan terms due to weak heating market conditions
By Sara Rosenberg
New York, July 3 - Baxi Holdings Ltd. has begun discussions with lenders under its senior credit facility to modify terms, according to a news release.
These discussions are a result of the downturn in markets for heating products in certain European countries, which brought about a decline in earnings.
Baxi is a United Kingdom-based heating business.
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