Emerge Energy Restructuring Outside of Court, Good Idea?

NEW YORK, NY / ACCESSWIRE / April 30, 2019 / Traders News Source, a leading independent equity researchand corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Emerge Energy Services LP (EMES) who, through its subsidiary, Superior Silica Sands LLC, operates an energy services company. It engages in mining, producing, and distributing silica sand, which is a primary input for the hydraulic fracturing of oil and natural gas wells.

The company announced last week, that it has entered into a restructuring support agreement.

About the agreement and how it impacts the involved parties READ MORE

Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/emerge-energy/

As set forth in the agreement, the parties have agreed to the principal terms of a proposed financial restructuring of Emerge Energy, which will be implemented through an out-of-court restructuring.

The agreement will terminate if the Transaction is not consummated by December 31, 2019.

What will happen if the out of court agreement fails and goes to the court READ MORE

Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/emerge-energy/

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SOURCE: Traders News Source



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