The French carrier says it has struck anagreement in principle with lenders in which certain restrictive covenants willbe modified and some maturity dates will be rescheduled.
In a conference call with reportersfinance chief Michel Sirat said he expects the deal to be completed bythe end of January.
The operator of nearly 400 containerships alsoexpects to wrap up the sale of a 49% stake in its Terminal Link offshoot aroundthe same time.
The
