tiprankstipranks
Trending News
More News >

Tidewater Withdraws Restructuring Plan After Investor Pushback

Tidewater ( (TDW) ) has shared an update.

Tidewater Inc. aimed to restructure its debt by proposing amendments to the terms of its 10.375% senior unsecured bonds due 2028. They called for a meeting with bondholders to discuss these changes. However, after preliminary discussions indicated a lack of support, the company retracted its proposal and canceled the scheduled bondholders’ meeting.

See more data about TDW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App