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|Nuverra Announces Decision To Utilize Interest Payment Grace Period|
Under the terms of the indenture governing the 2018 Notes, the Company has a 30-day grace period after the interest payment due date before an event of default would occur. The Company believes it is in the best interests of all stakeholders to use the grace period to continue discussions with its debtholders regarding strategic alternatives to improve Nuverra's long-term capital structure. During this period the Company anticipates meeting all of its obligations to customers, employees and suppliers and continuing to provide safe, reliable, high-quality services to its customers.
This press release contains "forward-looking" statements, including, without limitation, those that involve risks and uncertainties, including statements regarding the Company's anticipated liquidity position, the status of discussions with stakeholders and any potential outcomes of such discussions. These statements relate to future plans, objectives, expectations and intentions and are for illustrative purposes only. These statements may be identified by the use of words such as "believe," "expect," "intend," "plan," "anticipate," "likely," "will," "could," "estimate," "may," "potential," "should," "would," and similar expressions. All forward-looking statements contained herein, or otherwise made by the Company, are also subject generally to other risks and uncertainties, including those that are described from time to time in the Company's filings with the
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