PPRuNe Forums - View Single Post - What's happening in CHC?

15th Apr 2016, 22:32

#485 (permalink)

CG4A

Join Date: Jul 2008

Location: Nova Scotia

Age: 66

Posts: 17

Likes: 0

Received 0 Likes on 0 Posts

Fessenden has just announced that CHC will option to not make a $46 million interest payment on the company’s senior secured notes (a "grace period"). Not chapt 11, but a significant decision.

Reply