EnergyNotableSingle-source
5.4
New Fortress completes restructuring, transfers Brazil LNG assets to creditors
Valor Econômico·BR · US·about 9 hours ago
PKP Cargo's subsidiary Cargotabor has received creditor approval for its restructuring agreement, with the judge-commissioner endorsing the vote. The deal still requires final court approval, marking a key step in the company's debt restructuring. This development signals progress in resolving Cargotabor's financial distress, though execution risks remain until the court ratifies the agreement.