Finance - Debt

Nabors Prices $500 Million Private Placement Of Notes

The net proceeds will be used to prepay the remaining balance of NII's unsecured term loan, which matures in 2020, and to pay the cost of the capped call transaction. Any  remainder will support general corporate purposes.


Petrobras Launches Buyback For $2 Billion Of Debt

The bonds, which include notes maturing in Jan. 2019, March 2019, April 2019, Jan. 2020 and March 2020, have almost $10 billion outstanding worth of securities, Reuters reported.


C&J Energy Services Completes Financial Restructuring

C&J said a new board of directors was appointed Jan. 6, consisting of Chairman Patrick Murray; Stuart Brightman; John Kennedy; Steven Mueller; Michael Roemer; and Michael Zawadzki; in addition to Don Gawick, C&J's president and CEO.


Southcross Energy Partners Amends Revolving Credit Facility

The amendment also provides for a new $15 million commitment from certain of the parent’s shareholders in the form of equity or debt by Dec. 31, 2017.


Lonestar Resources US Continues Reducing Long-Term Debt

On Dec. 30, 2016, a portion of the proceeds from the recent $79.4 million equity offering was used to repurchase $21 million of its 12% second-lien notes. 


Perpetual Energy Extends Maturity Date For Senior Note Exchange

Scotia Capital Inc. is the sole dealer manager and solicitation agent. Kingsdale Shareholder Services is the information agent and Computershare Investor Services Inc. is the depositary.


RSP Permian LLC’s Borrowing Base Increases

The $950 million borrowing base only reflects the reserve growth from the company's Midland Basin assets and the recently closed first half of the Silver Hill acquisition. 


Stone Energy Files For Bankruptcy To Restructure Debt

The Lafayette, La.-based company joins scores of E&Ps that have filed for bankruptcy since oil prices began falling from more than $100 a barrel in 2014.


Antero Resources Will Offer $550 Million Of Senior Notes

Antero Resources Corp. (NYSE: AR) said Dec. 7 that it will offer a private placement of $550 million in senior unsecured notes due 2025.


Investors Flock To Pemex's US$5.5 Billion Bond

Investors flocked to a new US$5.5 billion bond from Pemex on Dec. 5, the first dollar deal from a Latin American borrower since November 10.


VelocityShares Long Crude ETN Will Be Largest Note Delisted From US Exchanges

Those who do not sell UWTI during the week of Dec. 5 could be forced to hold the notes for years since they do not officially expire until February 2032, Reuters reported.


Cheniere Corpus Christi Will Offer $1 Billion Of Senior Notes

CCH will use the net proceeds to prepay a portion of the principal amounts currently outstanding under its credit facilities.