has named

 

 

as its financial restructuring advisor.

Financial Restructuring Advisor

  • Toisa is an industry leading OSV and deepsea tanker and bulk carrier operator
  • The plunge in offshore drilling activity resulted in a depression for offshore supply vessel (OSV’s) employment
  • The decline in revenue made it impossible for the company to meet scheduled debt payments necessitating a restructuring of $1 billion of secured bank debt (ongoing)
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