Finance

Pacific Ethanol clinches forbearance deals on loans

Pacific Ethanol clinches forbearance deals on loans

Creditors have agreed to give Pacific Ethanol, one of the country’s largest producers of the crop-based fuel additive, more time to negotiate new loan terms and avert a technical default on its debt.

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Tom Darin Liskey

Published: Sunday, February 22 2009 | Last updated: Monday, February 23 2009

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