Aegean Marine (ANW) is Said to Prepare for Bankruptcy After Default – Bloomberg

by on 6 Νοεμβρίου 2018

Aegean Marine (NYSE: ANW) is said to be preparing a Chapter 11 bankruptcy filing after defaulting on a $94.6 million senior unsecured convertible bonds due November 1, according to Bloomberg, citing people with knowledge of the matter.

Kirkland & Ellis is said to be preparing the filing.

On Friday the company disclosed results of audit committee investigation and findings of substantial misappropriation of company assets.

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