Aegean Marine Petroleum Network received interim court approval of its $532 million debtor-in-possession facility provided by Mercuria Energy Group. The loan allows Aegean Marine to continue operating while restructuring._x000D_
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An ad hoc group of creditors objected to the DIP alleging it was an insider transaction._x000D_
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Mercuria will file an asset purchase agreement as part of its stalking horse bid for the company’s assets.
Forward for Specialty Finance
