SAExploration files for bankruptcy in Texas Court

Vandana Singh2020-08-28

SAExploration (OTC:SAEX) has filed for Chapter 11 in Texas Court, with a proposed plan of reorganization that would eliminate ~$74M of debt. The Plan contemplates the entry into a new first lien exit ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2063952204?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2020-08-28 20:38","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2063952204","market":"us","top_or_hot":-1,"title":"SAExploration files for bankruptcy in Texas Court","media":"Vandana Singh","content":"<div>\n<p>SAExploration (OTC:SAEX) has filed for Chapter 11 in Texas Court, with a proposed plan of reorganization that would eliminate ~$74M of debt.\nThe Plan contemplates the entry into a new first lien exit ...</p>\n\n<a href=\"https://seekingalpha.com/news/3609726-saexploration-files-for-bankruptcy-in-texas-court\">网页链接</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SAExploration files for bankruptcy in Texas Court</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSAExploration files for bankruptcy in Texas Court\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-08-28 20:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3609726-saexploration-files-for-bankruptcy-in-texas-court><strong>Vandana Singh</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAExploration (OTC:SAEX) has filed for Chapter 11 in Texas Court, with a proposed plan of reorganization that would eliminate ~$74M of debt.\nThe Plan contemplates the entry into a new first lien exit ...</p>\n\n<a href=\"https://seekingalpha.com/news/3609726-saexploration-files-for-bankruptcy-in-texas-court\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://seekingalpha.com/news/3609726-saexploration-files-for-bankruptcy-in-texas-court","article_id":"2063952204","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2063952204","pubTimestamp":1598618280,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"SAExploration (OTC:SAEX) has filed for Chapter 11 in Texas Court, with a proposed plan of reorganiza","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"SAExploration向德州法院申请破产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAEX":0.9},"content_text":"SAExploration (OTC:SAEX) has filed for Chapter 11 in Texas Court, with a proposed plan of reorganization that would eliminate ~$74M of debt.\nThe Plan contemplates the entry into a new first lien exit facility of $15M, refinancing of the existing credit facility with a new second lien exit facility of $20.5M, and elimination of $89M of an existing senior loan facility and the Convertible Notes, in exchange for new common stock.\nThe Company has requested that the Bankruptcy Court approve the commencement of the Plan by September 16 and set October 19 as the voting date.\nEarlier in April, the company appointed Imperial Capital to explore alternatives for its capital structure.\nYTD shares have plunged ~80%.\n\nClick to subscribe to real-time analytics on SAEXNow read: Just Energy soars after earnings, approval of recapitalization plan »","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2063952204"}