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Home Icon > About Us > News > Offshore Driller Valaris to Explore Bankruptcy with Creditors -Sources

Offshore Driller Valaris to Explore Bankruptcy with Creditors -Sources

By Mike Spector and David French April 21 (Reuters) – Offshore oil driller Valaris PLC is preparing to start talks with creditors to see if they can agree on terms for a possible bankruptcy filing, as it grapples with a $6.5 billion debt burden and an unprecedented plunge in U.S. crude prices, people familiar with the matter […]

WP_Post Object ( [ID] => 224263 [post_author] => 4 [post_date] => 2020-04-21 19:11:14 [post_date_gmt] => 2020-04-21 19:11:14 [post_content] => offshore drillshipBy Mike Spector and David French April 21 (Reuters) – Offshore oil driller Valaris PLC is preparing to start talks with creditors to see if they can agree on terms for a possible bankruptcy filing, as it grapples with a $6.5 billion debt burden and an unprecedented plunge in U.S. crude prices, people familiar with the matter […] [post_title] => Offshore Driller Valaris to Explore Bankruptcy with Creditors -Sources [post_excerpt] => By Mike Spector and David French April 21 (Reuters) – Offshore oil driller Valaris PLC is preparing to start talks with creditors to see if they can agree on terms for a possible bankruptcy filing, as it grapples with a $6.5 billion debt burden a... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => offshore-driller-valaris-to-explore-bankruptcy-with-creditors-sources [to_ping] => [pinged] => [post_modified] => 2020-04-21 19:11:14 [post_modified_gmt] => 2020-04-21 19:11:14 [post_content_filtered] => [post_parent] => 0 [guid] => http://gcaptain.com/?p=139656 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )