Restructuring Effective Date News Today

The Restructuring Effective Date in relation to Atentos financial restructuring implemented through a UK restructuring plan has occurred following approval by...

Investegate announcements from Nostrum Oil & Gas, Second Lock-Up Agreement

Investegate announcements from Nostrum Oil & Gas, Lock-up agreement and restructuring terms

Investegate announcements from DTEK Finance Plc, DTEK ENERGY B.V. RESTRUCTURING EFFECTIVE DATE

  The DTEK ENERGY B.V. group (the "Group") hereby announces that, as anticipated in and in compliance with the terms of the restructuring of substantially all of the Groups indebtedness (the "Restructuring") contained in the Lock-up Agreement and the Explanatory Statement (each as defined below), DTEK OIL&GAS B.V. ("DOG") has sold the entire share capital of LLC Kosul to DTEK OIL&GAS DEVELOPMENT B.V. in accordance with the term sheet agreed between the Group and commi...

    Houlihan Lokey, financial adviser to the Group: Gijs de Reuver (Tel: +44 20 7747 2710, [email protected]) or Nicolas Guelfand (Tel: +33 1 53 43 38 08, [email protected])   Latham & Watkins, legal adviser to the Group: Edward Kempson (Tel: +7 495 644 1928, [email protected] )    Rothschild & Cie, financial adviser to the Bank Lender Ad Hoc Group: Giovanni Salvetti (Tel:   +7 495 775 8221,...

  As announced previously, the DTEK ENERGY B.V. group (the "Group") has entered into a lock-up agreement (the "Lock-up Agreement") with certain of its creditors under which, amongst other matters, such creditors have agreed to vote in favour of the restructuring of substantially all of the Groups indebtedness (the "Restructuring") pursuant to two inter-conditional schemes of arrangement under Part 26 of the Companies Act 2006 (the "Schemes"). The Group hereby announce...

DTEK ENERGY B.V. RESTRUCTURING The High Court of Justice of England and Wales has today approved the convening of creditors meetings (the "Creditors Meetings") to consider and, if thought fit, to approve two inter-conditional schemes of arrangement under Part 26 of the Companies Act 2006 (the "Schemes") to restructure substantially all of the indebtedness of DTEK ENERGY B.V. group (the "Group") (the "Restructuring"). Accordingly, the Bank Scheme Meetings shall be held at 10:00 (Lon...

    · launched two inter-conditional schemes of arrangement under Part 26 of the Companies Act 2006 (the "Schemes") in order to implement the restructuring of substantially all of the Groups indebtedness (the "Restructuring") on the terms and conditions set forth in the restructuring term sheet (the "TermSheet") as contained within the Lock-up Agreement (as defined below) dated 26 March 2021; and   · entered into a lock-up agreement with certain ...

Stoneway Capital Corporation and Mezzanine Lenders Enter into an Amended and Restated Restructuring Support Agreement with Ad Hoc Group of Noteholders to Effect the Restructuring of Existing Notes News provided by Share this article Stoneway," and together with its subsidiaries and parent entities, the " Company") and an ad hoc group of note holders (the " Consenting Holders") holding a substantial majority of 10.000% Senior Secured Notes due 2027 (the " Existing Notes") issued by Stoneway have...