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Obbligazioni societarieHIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
Bristow has paid Columbia a $20 million termination fee. Bristow announced its intention to acquire Columbia in November, but revealed a month later that it was having difficulty closing the deal.[/QUOTE]
Ricapitolando
The company has also delayed filing its quarterly report for the three months ending 31 December 2018. It has found a material weakness in its internal controls related to non-financial covenants within certain of its secured financing and lease agreements. The weakness existed at 31 March 2018, its last year-end.
The Company is specifically evaluating whether certain debt balances should be reclassified from long-term to short-term in the 10-K, whether related waivers can be obtained from lenders, if necessary, and the resulting impact on the assessment of the Company’s ability to continue as a going concern.