May 10 (Reuters) - Shawcor Ltd SCL.TO
* Shawcor Ltd. announces amendments to its senior notes
agreement and credit facility
* Shawcor Ltd - Increase in permitted total debt to EBITDA
covenant to 4.25 to 1.00 for fiscal quarters ending Sept 30,
2016 and Dec 31, 2016
* Shawcor Ltd - Amendments to agreements include reduction
in size of credit facility from US$400 million to US$325 million
* Shawcor Ltd says will incur fees and expenses to implement
these amendments of approximately US$1.5 million in Q2 of 2016
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