Taylor Wimpey says debt talks continuing

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LONDON (MarketWatch) -- Homebuilder Taylor Wimpey said Tuesday that talks with its debt providers are continuing. The firm said that it's close to completing talks on in interest cover covenants and expects to reach an agreement before the end of the year. Taylor Wimpey said that it's confident a robust, stable medium term financing solution will be achieved for the group. Shares fell 3.3%.