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Foster Wheeler obtains extension through June 30 of waiver
By Sara Rosenberg
New York, May 31 - Foster Wheeler Ltd. said it received an additional extension through June 30 of its waiver under the current revolver and the forbearance of remedies under the lease financing facility. In addition, the company is involved in continuing negotiations with its bank group on securing a long-term credit facility.
Foster Wheeler Ltd., based in Hamilton, Bermuda with operational headquarters in Clinton, N.J., offers a range of design, engineering, construction and project services.
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