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Tidewater gets waiver extensions until January; shares halted

Nov. 11, 2016 12:29 PM ETTidewater Inc. (TDW) StockBy: Carl Surran, SA News Editor6 Comments
  • Tidewater (NYSE:TDW -2.8%) says it received limited waiver extensions until Jan. 27, 2017 from its lenders and noteholders; shares are halted.
  • TDW says it has been in discussions with its principal lenders and noteholders to amend its various debt arrangements to obtain relief from certain covenants; limited waivers which had been set to expire on Nov. 11 are extended until Jan. 27.

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