Hercules Offshore Files for Chapter 11 Bankruptcy Protection

Hercules Offshore Files for Chapter 11 Bankruptcy Protection

Date: September 16, 2015

Hercules Offshore Inc., one of the largest global providers of offshore contract drilling and liftboat services to the oil and gas industry, filed for Chapter 11 bankruptcy protection on August 13. The company stated in court documents that it will implement a $1.2 billion debt-for-equity exchange with its senior bondholders. Hercules Offshore Inc. falls into debt […]

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