Aegean Marine Petroleum Network has found peace with its creditors and an even better deal from Mercuria Energy Group.
In court papers filed over the weekend, the now-bankrupt bunkering giant wants to move forward with a plan that will see the company restructured and unsecured creditors getting at least $40m.
The new plan has the support of formerly dissident bondholders, who signed on to a restructuring support agreement that awaits the court's approval.
