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Published on 9/29/2020 in the Prospect News Distressed Debt Daily.

Vista Proppants and Logistics Chapter 11 plan milestones extended

By Sarah Lizee

Olympia, Wash., Sept. 29 – Vista Proppants and Logistics, LLC’s milestones under its debtor-in-possession financing have been extended, according to a notice filed Monday with the U.S. Bankruptcy Court for the Northern District of Texas.

Under the extended milestones, the plan reorganization must be confirmed by Oct. 14, and the effective date must take place by Oct. 28.

Vista Proppants and Logistics is a Fort Worth-based pure-play, in-basin provider of frac sand solutions in prolific producing regions in Texas and Oklahoma. The company filed bankruptcy on June 9 under Chapter 11 case number 20-42002.


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