New Chapter 11 Filing - Ultrapetrol (Bahamas) Ltd.
Ultrapetrol (Bahamas) Ltd.
2/6/17 Recap: Private equity backed marine shipping company files for prepackaged chapter 11 to effectuate sale of assets, the proceeds from which will be used to pay down debt. Sparrow Capital Investments Ltd. will purchase the company's river business holding companies for $73mm in cash. Barry Ridings of Lazard will be on the…
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