Wollongong Coal faces restructure

WOLLONGONG Coal’s supporting creditors have agreed to a standstill over the company’s debt facilities pending the negotiation of final binding documentation for a restructuring of the company.

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Wollongong Coal faces restructure Wollongong Coal faces restructure Wollongong Coal faces restructure Wollongong Coal faces restructure Wollongong Coal faces restructure

The negotiations centre around two debt facility agreements: a US$69 million agreement originally dated August 6 2015 and a $98.

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