Harvey Gulf Chapter 11 restructuring

Overview:

• Harvey Gulf has had its final plan for Chapter 11 reorganisation approved.
• The provided credit facility for Harvey Gulf's restructuring totaled $1.2 billion.
• Harvey Gulf filed for Chapter 11 in March 2018. 
• The supporting lenders hold over 75% of the loans.
• Harvey Gulf is the provider of support services for New Orleans oil and gas exploration.

Katrin Kostadinova - Data analyst