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Boart wins court battle

Clears the way for debt recapitalisation discussions.

Noel Dyson
Boart Longyear's future could be decided tomorrow.

Boart Longyear's future could be decided tomorrow.

The creditors’ meetings tomorrow are to decide on a debt-equity swap recapitalisation plan that will, if approved, slash US$196 million of unsecured debt, plus almost $10 million of accrued or accreted...

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