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Debt Financing / Related, Restructuring / Reorganization, Bankruptcy / Related

Pacific Drilling Announces Confirmation Of Prearranged Plan Of Reorganization Expected Emergence From Chapter 11 By Year-End

Published: 12/23/2020 04:43 GMT
(PACDQ) - Pacific Drilling Announces Confirmation of Prearranged Plan of Reorganization; Expected Emergence From Chapter 11 by Year-end.
Pacific Drilling-bankruptcy Court for Southern District of Texas Confirmed First Amended Joint Plan of Reorganization of Co & Debtor Affiliates.
Pacific Drilling - Co Will De-lever Its Balance Sheet by Eliminating Over $1 Billion of Funded Debt Obligations and Have Access to Additional Liquidity.