Ocean Rig to meet with creditors over 3.7B debt restructuring

Heavily indebted offshore dilling company Ocean Rig, is set to convene meetings with creditors hoping they’d approve the previously announced schemes to restructure the driller’s debt. According to the driller, the Grand Court of the Cayman has directed that four separate meetings be convened with creditors of Ocean Rig’s subsidiaries Drillships Financing Holding Inc. (“DFH”), […]

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