John Wood Group in Talks With Bankers on Debt Refinancing, FT Says, Citing Sources

Dow Jones

Mar 04, 2025

--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.

Full story: https://shorturl.at/CZch8

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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