PagesJaunes seeks amend and extend from fund investors

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PagesJaunes seeks amend and extend from fund investors

French directories company PagesJaunes is aiming to extend the maturity and relax covenants of Eu389m of its term loans from institutional investors. Bankers said that all borrowers with debt expiring in 2014 should be looking to act, as that year marks the next portion of the maturity wall that needs to be overcome.

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