Tue 04/02/2019 12:38 PM
Relevant Document:
Status Update
Oro Negro Drilling Pte’s 7.5% bonds are being quoted about 10 points lower this week by brokers after the foreign representative for the Mexican entities Perforadora and Integradora filed a
status update with the Southern District of New York on Thursday explaining that the debtors do not think that they will have the necessary funds to maintain its five jackup rigs until mid-April, sources told Reorg.
The relatively illiquid notes were recently...
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