FORT WORTH, Texas–(BUSINESS WIRE)–Nov 19, 2020–
FTS International, Inc. (NYSE American: FTSI) (FTSI or the Company) today announced that it has successfully completed its fully consensual financial restructuring and has emerged from Chapter 11.
Michael Doss, Chief Executive Officer, commented, Today is an important day for FTSI. We have quickly and efficiently completed our financial restructuring and emerge with sufficient cash and revolving credit capacity to deploy stacked fleets, invest in new technology, rebuild working capital and create long-term value for our stakeholders.
FTSI is a leader in the pressure pumping space and with the entire organization focused on enhancing the value proposition to our customers, we wi…
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