UPDATE 1-McDermott to file for Chapter 11 bankruptcy protection
U.S. oilfield services provider McDermott
International Inc said on Tuesday it would file for
prepackaged bankruptcy protection under Chapter 11, as it looks
to cut debt that ballooned following a major acquisition in
2018.
International Inc said on Tuesday it would file for
prepackaged bankruptcy protection under Chapter 11, as it looks
to cut debt that ballooned following a major acquisition in
2018.
Posted by Reuters
