Overseas Shipholding Group Noteholders Represented by Bracewell & Giuliani LLP Form Group to Discuss Matters of Mutual Interest
In its Form 8-K filed on October 22, 2012, Overseas Shipholding Group ("OSG"; NYSE: OSG) announced that it "is evaluating its strategic options, including the potential voluntary filing of a petition for relief to reorganize under Chapter 11 of the Bankruptcy Code." OSG is the issuer of 8.75% notes (CUSIP 690368AB1), 8.125% notes (CUSIP 690368AH8) and 7.5% notes (CUSIP 690368AG0) (collectively, the "Notes"). A group of holders of the Notes has formed in order to discuss matters of mutual interest and has engaged Bracewell & Giuliani LLP for legal advice. Other holders of the Notes who are interested in participating in the discussions should contact Robert Burns at Bracewell & Giuliani LLP, 212.508.6155.
Bracewell & Giuliani LLP
Robert Burns, 212-508-6155