Finance - Debt


Columbia Pipeline Will Offer Notes

Notes will be issued in separate series. Net proceeds will pay about $1.02 billion in intercompany debt between Columbia and parent company NiSource Inc., and dividend concerning Columbia’s planned separation.

Tue, 05/19/2015 - 14:20

EP Energy Subsidiary Opens Tender Offer

There is $750 million, in aggregate principal amount, of the notes due 2019. The tender offer is scheduled to close May 27 unless extended or ended earlier.  

Tue, 05/19/2015 - 11:38

Atlas Dropdown Acquisition To Dilute MLP’s Equity

After three years and $2.2 billion spent buying Eagle Ford, Permian and Arkoma Basin assets, Atlas plans to use $35 million in proceeds to pay down debt.


Tue, 05/19/2015 - 10:59

Bankrupt ERG Resources To Sell Century-Old Oil Field

The company, struggling after a $665 million deal fell apart, is also selling Liberty County, Texas, oil and gas leases it owns and operates on about 680 net acres.

Darren Barbee
Mon, 05/18/2015 - 14:22

Oil Companies Get Second Chance In Bond Market

While some oil and gas explorers have been shut out of capital markets altogether, stabilizing oil prices are prompting investors to lend to those with the best shots at survival.

Mon, 05/18/2015 - 08:43

S&P Cuts SandRidge’s Ratings On Share Swap

SandRidge Energy Inc. swapped shares for two classes of notes held by single investor. Holder will receive stock for combined $50 million of 7.5% notes and 8.125% notes, Bloomberg said.

Fri, 05/15/2015 - 09:51

Blackstone’s GSO Shifts Energy Strategy Toward Performing Assets

Patrick Fleury, managing director at GSO Capital Partners LP, Blackstone’s distressed credit unit, told Debtwire Investors Summit that the Bakken, Eagle Ford, Permian Basin are performing assets, Bloomberg said. 

Thu, 05/14/2015 - 14:41

Genesis Energy Opens Tender Offer, Offers Notes

Net proceeds from a public offering of $400 million, in aggregate principal amount, will fund purchase price and unpaid interest for the validly tendered 7.875% senior unsecured notes due 2018. 

Thu, 05/14/2015 - 12:17

Northern Oil And Gas Prices Notes

Net proceeds of about $184.9 million will repay outstanding revolving credit facility borrowings and support other general corporate purposes. The offering is scheduled to close May 18.

Thu, 05/14/2015 - 11:46

American Eagle Energy Seeks Bankruptcy After Oil Price Drop

American Eagle Energy Corp. (AMZG) filed for bankruptcy protection in Colorado after the slump in crude prices prevented it from servicing debt it took on less than a year ago, Bloomberg reported May 11.

Emily Moser
Tue, 05/12/2015 - 08:07

Rose Rock Midstream Launches $350 Million Debt Offering

Proceeds will be used to repay amounts borrowed under its revolving credit facility and for general partnership purposes.

Emily Moser
Tue, 05/12/2015 - 07:31

Rex Energy Opens Note Exchange Offer

The exchange will fulfill registration obligations for the private placement notes. A registration statement was filed with the Securities and Exchange Commission. The offer is scheduled to close June 8. 

Fri, 05/08/2015 - 16:18