Hercules Offshore in deal with debtors, to file under Chapter 11 - R...

Hercules Offshore in deal with debtors, to file under Chapter 11
Reuters
The company's note holders have also agreed to back stop $450 million in new debt financing to fund the remaining construction cost of a new rig. Hercules said it expects to file under Chapter 11 by July 8. Up to Wednesday's close of 66.56 cents ...
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