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Published on 10/24/2016 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

EnQuest wins approval to hold scheme meeting for creditors on Nov. 14

By Caroline Salls

Pittsburgh, Oct. 24 – EnQuest plc received court approval to hold a scheme of arrangement creditors meeting, and the meeting was scheduled for Nov. 14, according to a company news release.

Holders of the company’s $650 million of 7% senior notes due April 15, 2022 and £155 million of 5½% notes due Feb. 15, 2022 may attend the scheme meeting or instruct counsel to attend on their behalf.

EnQuest is a London-based petroleum exploration and production company.


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