Vantage Drilling Company Common Shares (VTGDF)

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Vantage Drilling Company - Vantage Drilling International
vantagedrilling.com/.../VTG-DB_LevFin_Conference_092915.pdf

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2015/09/29 - Petrobras Contract Arbitration. • Vantage has commenced arbitration proceedings in Texas for recovery of damages. • Petrobras wrongfully terminated the contract for the Titanium Explorer on August 31, 2015. Backlog of about $1.1 ... Strengthening Balance Sheet. • Vantage and Financial Advisors (Lazard/Weil) are discussing possible restructuring scenarios with large debt holders in order to strengthen the company's balance sheet and reduce interest burden.