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Home Icon > About Us > News > Diamond Offshore completes restructuring, exits chapter 11

Diamond Offshore completes restructuring, exits chapter 11

Houston-based Diamond Offshore Drilling has emerged from chapter 11 after completing a financial restructuring. Diamond Offshore had been working on the restructuring since filing for chapter 11 in April 2020. The company has merged with a reduction of over $2.1bn of debt after the equitization of senior unsecured note obligations. It also has over $625m …

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Houston-based Diamond Offshore Drilling has emerged from chapter 11 after completing a financial restructuring. Diamond Offshore had been working on the restructuring since filing for chapter 11 in April 2020. The company has merged with a reduction of over $2.1bn of debt after the equitization of senior unsecured note obligations. It also has over $625m …

[post_title] => Diamond Offshore completes restructuring, exits chapter 11 [post_excerpt] => Houston-based Diamond Offshore Drilling has emerged from chapter 11 after completing a financial restructuring. Diamond Offshore had been working on the restructuring since filing for chapter 11 in April 2020. The company has merged with a reduction of... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => diamond-offshore-completes-restructuring-exits-chapter-11 [to_ping] => [pinged] => [post_modified] => 2021-04-27 02:30:00 [post_modified_gmt] => 2021-04-27 02:30:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=141307 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )