Source: The Business Journals: Houston

TNT Crane and Rigging: TNT Crane & Rigging files for Chapter 11 bankruptcy protection as debt looms

"The company has sought to refinance and delever its capital structure, but $466 million of the company's debt obligations mature in the next four months," the CEO said in court documents. "Facing a maturity wall during the Covid-19 crisis, the company is compelled to restructure its capital structure through these Chapter 11 cases."

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Est. Annual Revenue
$100-500M
Est. Employees
1.0-5.0K
Mark Irion's photo - CEO of TNT

CEO

Mark Irion

CEO Approval Rating

82/100

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