Email
Print 
Bookmark
Sanchez Energy Corp. has elected to defer making an interest payment on its 6.125% Senior Notes due 2023 while it continues ongoing constructive discussions with its bondholders and other stakeholders on a comprehensive restructuring plan.
Yesterday, it was reported that Apollo Global Management is mulling an investment in the company which would wipe out its debt.
The indenture governing the 6.125% Notes provides for a 30-day grace period, which expires on August 14, 2019, to make the scheduled interest payment.
Related Categories :
Debt
More Debt News
-
Ring Energy Details Preliminary 1Q22 Results; Production Beats Expectations
-
Marathon Oil Third Quarter 2021 Results
-
Continental Resources Second Quarter 2021 Results
-
Extraction Oil & Gas First Quarter 2021 Results
-
SandRidge Energy First Quarter 2021 Results
Gulf Coast News >>>
-
Seventeen (17) E&Ps; To Use 47 Frac Crews To Complete 2,800 Wells In 2024
-
Permian E&P Ups 2024 Well Completed by +27% vs. 2023
-
Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look Inside -
-
Eagle Ford Operator Cuts 2024 Well Planned by 30% -
-
An Early Look at Company 2024 Capital & Development Plans
