Corral Petroleum stays alive with second PIK restructuring

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Corral Petroleum stays alive with second PIK restructuring

A majority of holders of Corral Petroleum’s two senior secured PIK notes, maturing in five days’ time, have accepted the company’s exchange offer and consent solicitation – preventing the Swedish oil refiner from a disorderly default.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article