OSG Unveils Revised Ch. 11 Plan With $1.5B Rights Offering

OSG Unveils Revised Ch. 11 Plan With $1.5B Rights Offering

Oil tanker giant Overseas Shipholding Group Inc. unveiled a revised Chapter 11 plan Friday that includes a $1.5 billion rights offering it says “substantially increases” recoveries for equity holders, and also lined up a new $1.35 billion ...read more

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