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New Chapter 11 Filing - Expro Holdings US Inc.
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New Chapter 11 Filing - Expro Holdings US Inc.

Dec 19, 2017
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New Chapter 11 Filing - Expro Holdings US Inc.
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Expro Holdings US Inc.

  • 12/18/17 Recap: Servicer to offshore, deepwater and other "technically challenging environments" filed a prepackaged bankruptcy to eliminate its entire $1.4b of debt (and attendant interest expense) via equity conversion in a balance sheet deleveraging transaction. Why did it file for bankruptcy? Private equity, of course. In 2008,…

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