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Foraco International announces the early redemption of Marathon Bonds with US$87 million (*) of new debt raised from international banks

Newswire.ca - Wed Nov 8, 2023

TORONTO and MARSEILLE, France, Nov. 8, 2023 /CNW/ - Foraco International SA (TSX: FAR), a leading global provider of mineral drilling services, today announced the early redemption of the outstanding senior secured bonds facility of $85 million provided by Marathon Asset Management LP ("Marathon"), along with securing new long-term bank financing from Desjardins and Caisse d'Epargne.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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