Americas Core Credit Energy Monthly
April Energy Bankruptcy Filings Tick Higher as Advisor Mandates, Borrowing Base Cuts Foreshadow Higher Restructurings in Coming Months; Offshore Drillers Facing Contract Modifications, Terminations; Natural Gas Producers Position for Higher Pricing
Mon 05/04/2020 13:14 PM
Editor’s Note: Below is a new monthly feature highlighting E&P situations and industry trends from across the Americas Core Credit coverage universe.
Reorg Focus
April continued the increasing restructuring activity seen in most sectors in energy. Offshore driller Diamond Offshore filed for chapter 11 April 26 and stated that “almost all” of the debtors’ customers have requested some form of concession under their existing...
Energy Monthly - April 2020
Industry Overview
Reorg Focus
April continued the increasing restructuring activity seen in most sectors in energy. Offshore driller Diamond Offshore filed for chapter 11 April 26 and stated that “almost all” of the debtors’ customers have requested some form of concession under their existing...
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