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Pacific Drilling Sees Ch. 11 Plan Funding Deal Go Forward

By Alex Wolf ( September 25, 2018, 8:17 PM EDT) -- Pacific Drilling SA made headway Tuesday in its bid to reorganize in Chapter 11 proceedings, receiving New York bankruptcy court authorization to enter into a scrutinized $500 million equity commitment agreement and borrow up to $85 million in debtor-in-possession loans. . . .

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