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BRIEF-Nuverra emerges from chapter 11
August 11, 2017 / 8:53 PM / 3 months ago

BRIEF-Nuverra emerges from chapter 11

Aug 11 (Reuters) -

* Nuverra completes successful restructuring and emerges from chapter 11 with over $70 million in new financing and debt level reduced by over $500 million

* Nuverra Environmental- ‍all administrative expense claims, priority tax claims, priority claims and asset-based lending facility claims were paid in full ​

* Nuverra - at emergence, entered into $30 million senior secured revolving credit facility & $15 million senior secured credit facility provided by ACF FinCo I LP Source text for Eikon:

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