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Tidewater Withdraws Restructuring Plan After Investor Pushback
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Tidewater Withdraws Restructuring Plan After Investor Pushback

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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.

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