Entries tagged "Petroplus Holdings AG"

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Insolvent Petroplus delists its stock

Shares plunge nearly 60% on the news that Europe's largest independent refinery won't produce a 2011 financial report Continue reading

Posted on March 28, 2012 10:04 AM

Petroplus to file for insolvency

Europe's largest independent refiner fails to strike a refinancing agrement with its creditors for $1.8 billion in senior notes and convertible bonds Continue reading

Posted on January 24, 2012 9:33 AM

Banks block Petroplus credit

Lenders appear to have lost patience with the Swiss oil refiner after four years of losses and a second breach of its banking covenants. Continue reading

Posted on December 28, 2011 11:15 AM

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