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PGS launches scheme of arrangement to implement restructuring

Norwegian offshore survey specialist PGS has launched a scheme of arrangement in the UK via the issuance of a practice statement letter to the lenders under its $350m revolving credit facility and $522m term loan B facility. PGS is proposing the scheme to implement the financing transaction announced last month. Lenders representing 95.4% by value …

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Norwegian offshore survey specialist PGS has launched a scheme of arrangement in the UK via the issuance of a practice statement letter to the lenders under its $350m revolving credit facility and $522m term loan B facility. PGS is proposing the scheme to implement the financing transaction announced last month. Lenders representing 95.4% by value …

[post_title] => PGS launches scheme of arrangement to implement restructuring [post_excerpt] => Norwegian offshore survey specialist PGS has launched a scheme of arrangement in the UK via the issuance of a practice statement letter to the lenders under its $350m revolving credit facility and $522m term loan B facility. PGS is proposing the scheme... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => pgs-launches-scheme-of-arrangement-to-implement-restructuring [to_ping] => [pinged] => [post_modified] => 2020-11-26 23:37:11 [post_modified_gmt] => 2020-11-26 23:37:11 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=132071 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )