Genco Says Pact Reached With Lenders for Chapter 11 Filing - Bloombe...

04/03/14

Genco Says Pact Reached With Lenders for Chapter 11 Filing
Bloomberg
Genco Shipping & Trading Ltd. (GNK), the operator of dry-bulk cargo ships, said it's reached a restructuring agreement with a majority of lenders that gives it a road map for a Chapter 11 bankruptcy reorganization. The pact includes converting a 2007 ...