
STG Logistics Cuts $1B Debt, Exits Bankruptcy This Month
Court approval clears Dublin, Ohio intermodal marketer to emerge from Chapter 11 with 90% debt reduction and $150M fresh capital.
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Court approval clears Dublin, Ohio intermodal marketer to emerge from Chapter 11 with 90% debt reduction and $150M fresh capital.
Intermodal marketing company settles with minority lenders, gains $150M fresh capital and majority ownership shift to Fortress and Invesco.