May 17, 2017 / 7:33 PM / 2 months ago

BRIEF-Gulfmark Offshore commences chapter 11 proceedings

1 Min Read

May 17 (Reuters) - Gulfmark Offshore Inc :

* Gulfmark offshore commences chapter 11 proceedings

* Chapter 11 filing does not include any of gulfmark's operating subsidiaries

* Has filed a series of motions with bankruptcy court requesting authority to enter into a $35 million interim financing facility

* Contracts, relationships between co's operating units & customers, vendors, and employees, are unaffected by bankruptcy filing

* Financing is expected to be sufficient to support gulfmark's operations during restructuring process Source text for Eikon: Further company coverage:

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