Willbros Announces Pursue A Refinancing Of Its Outstanding Term Loan And Revolving Credit Facilities

Willbros Launches Refinancing to Improve Its Financial Structure and Updates Operations.The Company is seeking to arrange a $250 million, six-year Senior Secured Term Loan Credit Facility. The Company intends to use the net proceeds from the new term loan to repay all indebtedness under the Company’s existing credit facilities and for general corporate purposes.

Source:
prnewswire.com/news-releases/willbros-launches-refinancing-to-improve-its-financial-structure-and-updates-operations-214577171.html

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