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Transocean’s Plan to Avoid Bankruptcy May Cause One Just the Same

By Allison McNeely (Bloomberg) — Measures taken by Transocean Ltd. to stave off a bankruptcy filing could be exactly what ends up sending the offshore drilling company into Chapter 11 alongside some of its biggest peers. The world’s largest owner of deep-water oil rigs recently engineered a bond swap to trim some of its $9 […]

WP_Post Object ( [ID] => 231993 [post_author] => 21 [post_date] => 2020-10-06 15:12:49 [post_date_gmt] => 2020-10-06 15:12:49 [post_content] => offshore drillshipBy Allison McNeely (Bloomberg) — Measures taken by Transocean Ltd. to stave off a bankruptcy filing could be exactly what ends up sending the offshore drilling company into Chapter 11 alongside some of its biggest peers. The world’s largest owner of deep-water oil rigs recently engineered a bond swap to trim some of its $9 […] [post_title] => Transocean’s Plan to Avoid Bankruptcy May Cause One Just the Same [post_excerpt] => By Allison McNeely (Bloomberg) — Measures taken by Transocean Ltd. to stave off a bankruptcy filing could be exactly what ends up sending the offshore drilling company into Chapter 11 alongside some of its biggest peers. The world’s largest owner... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => transoceans-plan-to-avoid-bankruptcy-may-cause-one-just-the-same [to_ping] => [pinged] => [post_modified] => 2020-10-06 15:12:49 [post_modified_gmt] => 2020-10-06 15:12:49 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=142967 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )