by Rigzone Staff
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Tuesday, February 06, 2018
International oilfield services company Expro revealed that it has successfully completed financial restructuring, which will provide the company with a stronger and more sustainable financial foundation to grow the business, according to an Expro statement.
The Chapter 11 prepackaged plan of reorganization was completed in 50 days, without any interruption to normal business operations or relationships with employees, customers, suppliers, or business partners, Expro revealed.
The financial restructuring eliminated Expros entire $1.4 billion of funded debt, including the associated $80…
Read the full article at: https://www.rigzone.com/news/expro_completes_financial_restructuring-06-feb-2018-153414-article/