TNT makes its case at bankruptcy court

D.Ann Shiffler

31 August 2020

TNT was forced into bankruptcy due to Covid-19 and falling oil and gas prices.

Houston, TX-based TNT Crane & Rigging has filed for Chapter 11 bankruptcy protection. The company presented a plan to refinance and restructure its capital structure.

Bankruptcy documents filed on August 23, 2020 said, “The company has sought to refinance and delever its capital structure, but $466 million of the company’s…

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