Hercules Wins Confirmation Of $1.2B Debt-For-Equity Plan
By Peter Hall ( September 24, 2015, 3:32 PM EDT) -- Underwater oil and gas drilling services company Hercules Offshore Inc. won a Delaware bankruptcy judge's confirmation Thursday of a prearranged Chapter 11 plan to exchange $1.2 billion in senior noteholder debt for equity in the reorganized company....
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