Contractors and miners are finding different ways to strengthen their balance sheets, but one thing they all have in common is the move to drive down debt.
Emeco recently bought back $US52.3 million of debt.
Huge sums have been wiped out in the past 12 months, and that’s helping de-risk the outlook for some firms. Importantly, reducing debt cuts financing costs, and that’s been a big driver for Emeco’s move...
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