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SPNX News and Press, Superior Energy Services Inc. From 09/30/20

Stock Information

Company Name: Superior Energy Services Inc.
Stock Symbol: SPNX
Market: OTC
Website: superiorenergy.com

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SPNX - Superior Energy Reaches Agreement With Holders of 69.2% of Senior Notes on Terms of Comprehensive Financial Recapitalization to Convert All of the Company's $1.3 Billion of Funded Indebtedness Into Equity

Financial Recapitalization Expected to be Implemented through “Pre-Packaged” Chapter 11 Process and Will Convert All $1.3 Billion of Company’s Funded Debt into Equity Superior Will Continue to Conduct Business As Usual With Customers, Vendors and Employees ...

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