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Debt Financing / Related, Bankruptcy / Related

Hi-Crush Announces Successful Confirmation Of Plan Of Reorganization

Published: 09/24/2020 11:16 GMT
(HCRSQ) - Hi-crush Inc. Announces Successful Confirmation of Plan of Reorganization.
Hi-crush Inc - Anticipates Full Emergence From Chapter 11 Proceedings by Mid-october.
Hi-crush Inc - Under Terms of Plan, Co Eliminates About $450 Million of Unsecured Debt.
Hi-crush Inc - Anticipates Finalizing Prearranged Plan Over Coming Weeks, Subject to Standard and Customary Closing Procedures and Conditions.
Hi-crush Inc - Under Terms of Plan, Co Reduces Annual Interest Expense by More Than $43 Million.