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Seventy Seven Energy signs restructuring support agreement

Seventy Seven Energy has signed a restructuring support agreement with certain lenders representing 92.0% of the outstanding principal amount. The agreemrnt has been signed under the Company’s Incremental Term Supplement (Tranche A) loan and certain noteholders (the “Consenting 2019 Noteholders”) collectively owning or controlling in excess of 57.7% of the ...

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