Rand Logistics files for Chapter 11 bankruptcy with debt swap deal -...

01/30/18

Rand Logistics files for Chapter 11 bankruptcy with debt swap deal
Reuters
Rand Logistics Inc, one of the largest bulk freight shipping providers in the Great Lakes region, filed for Chapter 11 protection on Tuesday after agreeing to a debt-for-equity swap with lender Lightship Capital LLC. Rand, with $236 million of debt ...