Practice Areas - Restructuring and Insolvency Law Firms and Lawyers
Deal Date: | 16-02-2023 | Practice Area: | Restructuring and Insolvency |
Deal Title: | Nostrum Oil & Gas PLC Debt Restructuring | Industry: | Oil & Gas Producers |
Description: |
White & Case LLP advised Nostrum Oil & Gas PLC (Nostrum), a UK-listed oil and gas company engaged in the production, development and exploration of oil and gas in the pre-Caspian Basin in Kazakhstan, on its financial restructuring. The restructuring related to US$1.125 billion of senior unsecured notes issued by Nostrum and Nostrum Oil & Gas Finance B.V. (the Notes Debt). It was implemented pursuant to the terms of a scheme of arrangement sanctioned by the English Court on 26 August 2022 and became effective on 9 February 2023.
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Financial Center: | London | Value: | 1000.01-5000.00 |
Advised Party: | Group | Law Firm | White & Case |
Netherlands | United Kingdom | ||
Classification: |
Debt Restructuring |
Lawyer | Allan Taylor |