White & Case and Akin Gump Strauss Hauer & Feld are advising oil and gas company Nostrum Oil & Gas on a bond restructuring as it struggles with the financial implications of the COVID-19 crisis.
Nostrum Oil & Gas, which is listed on the London Stock Exchange, announced on Tuesday it would restructure 8% of its senior notes due 2022 and 7% of its senior notes due 2025.