BOART LONGYEAR GROUP LTD.
Location
NEW SOUTH WALES
Founded
2021-09-14
Website
Risk Signals
381 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Nonclassifiable Establishments), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about BOART LONGYEAR GROUP LTD.
Live alerts from global media, monitored by Business Radar
2023-05-16 (simplywall.st)
Boart Longyear Group (ASX:BLY) Has A Somewhat Strained Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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2021-05-21 (bloomberglaw.com)
DISTRESSED DAILY: Century-Old Mining Firm Swaps Debt for Equity
Boart Longyear, a mining services company founded in 1890, is using a distinctly modern tactic to shed $800 million in debt by turning it into equity.
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2021-05-14 (mining-journal.com)
Boart Longyear to solve colossal debt conundrum with mammoth dilution
Lenders to seize 99% of company with debt for equity swap under third recapitalisation plan
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2021-05-14 (indaily.com.au)
Drilling company to exit Adelaide after massive debt restructure - InDaily
Drilling services company Boart Longyear will move its corporate office from Adelaide to the US after announcing plans to massively dilute its shareholding by converting most of its debt into company stock.
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2014-10-23 (mining.com)
Boart Longyear gets $352m financial bail out
Struggling Australian-listed provider of mining services Boart Longyear (ASX:BLY) has been saved by the bell as its main shareholder Centerbridge Partners LP agreed to provide $352 million in financial aid to cut debt and bolster its finances. The Utah-based supplier said the restructuring plan
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2014-10-22 (reuters.com)
Australian driller Boart Longyear agrees $352 mln restructuring deal
Struggling Australian drilling services company Boart Longyear Ltd said on Thursday it had agreed a restructuring deal worth up to $352 million with U.S. hedge fund Centerbridge Partners to cut debt and cut the risk of a potential default.
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2011-08-02 (prnewswire.com)
Boart Longyear Bank Debt Refinancing
/PRNewswire/ - Boart Longyear Limited (ASX: BLY) today announces the refinancing of its two existing bank debt facilities. The facilities, which have an...
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2009-11-03 (thewest.com.au)
Boart Longyear slashes debt after completing $771m raising
Drilling services provider Boart Longyear Ltd has slashed its net debt after completing a $US700 million ($A771.4 million) capital raising.
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