News: Genco Shipping & Trading Ltd (GNK.N)

GNK.N on New York Stock Exchange

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17 Apr 2014
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Fri, Apr 4 2014

Shipper Genco reaches bankruptcy restructuring deal

- Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a deal that requires the dry bulk shipping company to file for bankruptcy.

Shipper Genco reaches bankruptcy restructuring deal

April 4 - Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a deal that requires the dry bulk shipping company to file for bankruptcy.

CORRECTED-Norway's DNB bank sells debt position in shipping firm Genco

(Corrects spelling of company's name in headline and first paragraph, corrects instrument code)

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