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Axxis Geo Solutions seals restructuring consent

Financially troubled ocean bottom node seismic player Axxis Geo Solutions has received creditors’ approval for its restructuring plan after it filed for bankruptcy protection in February. The Oslo-listed company said that 106 out of the 110 creditors voted in favor of the reconstruction proposal. In addition, Axxis has obtained acceptance for a voluntary debt settlement …

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Financially troubled ocean bottom node seismic player Axxis Geo Solutions has received creditors’ approval for its restructuring plan after it filed for bankruptcy protection in February. The Oslo-listed company said that 106 out of the 110 creditors voted in favor of the reconstruction proposal. In addition, Axxis has obtained acceptance for a voluntary debt settlement …

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