Log in

Login to your account

Username *
Password *
Remember Me

Digital Editions

mag archive 230

News

news archive 230px

The Ad-Hoc group of convertible bondholders, who are owed a total of $267 million, says that Mercuria’s relationship with Aegean has been detrimental and the instigation of Chapter 11 proceedings is ‘designed to complete Mercuria’s acquisition of [Aegean’s] assets at less than fair value through an expedited insider-sponsored section 363 sale process.’

Share |

Read more