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Started By
Message
re: Zachry to file for Chapter 11 Bankruptcy. Putting Golden Pass LNG in Jeopardy.
Posted on 5/21/24 at 5:55 pm to Ten Bears
Posted on 5/21/24 at 5:55 pm to Ten Bears
quote:
I read another article and it said all of Zachry’s subsidiaries are part of this bankruptcy.
Zachry has $330mm in unsecured claims. The largest is Sunbelt Rentals with $133mm.
I knew the equipment rental business is good (URI stock for example) but damn that's a big line of credit
1
Posted on 5/21/24 at 5:59 pm to Miglez
quote:
that's a big line of credit
No shite. I wonder how late the payments are to Sunbelt. This had to start looking ugly some time ago
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