John Wood Group in Talks With Bankers on Debt Refinancing, FT Says, Citing Sources
--Oil services and engineering company John Wood Group is in talks with bankers at Rothschild & Co on its debt refinancing options as it seeks to manage its balance sheet, the Financial Times reports, citing people familiar with the matter.
--Wood Group is a takeover target for Dubai-based Sidara and the talks to refinance its debt are separate to the takeover discussions, the FT reported, citing sources.
--Wood and Rothschild declined to comment, the FT said.
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Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
March 04, 2025 04:27 ET (09:27 GMT)
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