Iraq News Now

Shamaran Bondholders appoint Advisers

Shamaran Bondholders appoint Advisers
Shamaran Bondholders appoint Advisers

2020-06-22 00:00:00 - From: Iraq Business News


By John Lee. According to Bloomberg Law, a group of bondholders of Shamaran Petroleum has reportedly appointed restructuring specialists Akin Gump Strauss Hauer & Feld LLP to advise on ongoing debt talks. ShaMaran Petroleum said last week that that it continues to examine alternatives to address a breach of financial covenant and liquidity shortfall, and […]