Petroplus in lender deal to keep two refineries online

摘要

New York-Struggling European refiner Petro- plus, which has been forced to shut plants after having its credit frozen, announced Janu- ary 11 a temporary agreement with lenders under its revolving credit facility. The deal will be used to fund "critical expenses, to maintain safe ongoing opera- tions at the Coryton and Ingolstadt refineries, and to allow the company and its lenders to negotiate an amendment to the RCF which is expected to be completed in the second half of January 2012."