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Valaris emerges from chapter 11

Offshore driller Valaris has completed its financial restructuring and emerged from chapter 11, with its plan approved and confirmed by the United States Bankruptcy Court for the Southern District of Texas on March 3, 2021. Valaris has eliminated $7.1bn of debt and moves forward with a $520m capital injection by issuing $550m of new secured …

WP_Post Object ( [ID] => 247115 [post_author] => 103 [post_date] => 2021-05-03 13:32:08 [post_date_gmt] => 2021-05-03 13:32:08 [post_content] =>

Offshore driller Valaris has completed its financial restructuring and emerged from chapter 11, with its plan approved and confirmed by the United States Bankruptcy Court for the Southern District of Texas on March 3, 2021. Valaris has eliminated $7.1bn of debt and moves forward with a $520m capital injection by issuing $550m of new secured …

[post_title] => Valaris emerges from chapter 11 [post_excerpt] => Offshore driller Valaris has completed its financial restructuring and emerged from chapter 11, with its plan approved and confirmed by the United States Bankruptcy Court for the Southern District of Texas on March 3, 2021. Valaris has eliminated $7.1b... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => valaris-emerges-from-chapter-11 [to_ping] => [pinged] => [post_modified] => 2021-05-04 02:30:08 [post_modified_gmt] => 2021-05-04 02:30:08 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=141917 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )