WebApr 27, 2024 · Diamond Offshore Drilling announced that the company and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the US Bankruptcy Code in the US Bankruptcy Court for the Southern District of Texas. Diamond intends to use the proceedings to restructure and strengthen its balance sheet and … WebApr 28, 2024 · As part of a joint plan of reorganization, Diamond Offshore completed a financial restructuring on April 23 that it said resulted in the equitization of approximately $2.1 billion in senior unsecured note obligations and provided the Company with over $625 million of new available capital.
Diamond Offshore emerges from Chapter 11 bankruptcy
WebHOUSTON, Jan. 25, 2024 /PRNewswire/ -- Diamond Offshore Drilling, Inc. ("Diamond" or the "Company") today announced that it has entered into a plan support agreement with holders of over 70% of each of its senior unsecured notes and revolving credit facility loans regarding a financial restructuring transaction that will significantly deleverage the … WebKroll Restructuring Administration (formerly known as Prime Clerk) collects your email for the sole purpose of sending you updates on the docket activity for the case you select at … siba seniors knockouts
Diamond Offshore Drilling emerges from bankruptcy, CEO leaves
WebApr 30, 2024 · Diamond Offshore Drilling recently announced that it was entering into a bankruptcy restructuring under Chapter 11. This move will prove painful for shareholders affected by it, but this course... WebApr 11, 2024 · Borr Drilling is an Oslo-listed offshore drilling contractor specializing in the shallow-water jack-up markets. After exiting a Covid-induced period of restructuring, the firm is finding its feet ... WebApr 27, 2024 · Diamond Offshore intends to use the bankruptcy proceedings to restructure and strengthen its balance sheet so that it can have a more sustainable capital structure. The company entered this... si base for temperature