Fri 09/24/2021 16:06 PM
Glass Mountain Pipeline is facing difficulty in finalizing its restructuring, as a member of its lender steering committee is holding off on signing the restructuring support agreement, or RSA, and extending the nondisclosure agreement to Oct. 1, according to sources.
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previous nondisclosure agreement expired Sept. 17. The dissenting lender, which owns about $15 million of the first lien term loan, has been frustrated by the duration of the restructuring talks and could be aiming to...
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