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    GulfMark Offshore expected to emerge from bankruptcy this month

    Company News // October 6, 2017

    GulfMark Offshore is expected to exit Chapter 11 by the end of October.

    DNB is providing US$125 million of exit financing. Breakwater Capital is providing US$100 million.

    The company's new board includes: Quintin Kneen, President and CEO; Louis Raspino (Pride International); Kenneth Traub (Raging Capital); Scott McCarty (Q Investments); Eugene Davis (Pirinate Consulting); and Dominic Di Piero (Newport Capital). 

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