GSO-Backed Energy Alloys Files for Bankruptcy in Delaware

Energy Alloys Holdings LLC files for Chapter 11 protection from creditors, listing as much as $50 million in assets as much as $500 million in liabilities in its bankruptcy petition.

• Co. is a supplier of specialty metals to the global oilfield industry, according to its website
• GSO Capital Partners -- credit-focused arm of Blackstone Group -- owns Energy Alloys, per court papers
• Court papers indicate Energy Allows hired Ankura Consulting Group, Moelis & Co. and Akin Gump Strauss Hauer & Feld in connection with the bankruptcy
• The case is Energy Alloys Holdings LLC, 20-12088, U.S. Bankruptcy Court ...