Transocean clears noteholder injunction challenge to debt exchange
An oil rig
Rejecting protests from noteholders, a New York court has given the Switzerland-incorporated offshore drilling contractor Transocean approval to continue with a disputed exchange offer to restructure US$2 billion of its US$9 billion debt pile.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Subscribe now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10