Finance - buy Backs

Southwestern Energy Amends Tenders For Senior Notes Buyback

Credit Suisse Securities (USA) LLC and Mitsubishi UFJ Securities (USA) Inc. are the lead dealer managers, and D.F. King & Co. Inc. is retained as the tender agent and information agent.

Erin Pedigo

Bill Barrett Undertakes Debt Exchange

Bill Barrett reduced the principal amount of the nearest term notes by 21% and net debt by 12%, noting that about $6.5million in annual interest will be saved.

Erin Pedigo

Deep Down Announces $1 Million Share Repurchase Program

Ronald E. Smith, CEO, said the company is undervalued due to the current low oil price, but the company’s balance sheet is very strong, and operations should likely improve with its strong backlog.

Erin Pedigo

WPX Opens Buyback For 2017 Senior Notes

The tender offer will expire April 29. Citigroup Global Markets Inc. is the dealer manager, and the information agent and tender agent is Global Bondholder Services Corp.

Erin Pedigo

Anadarko Increases Amount Of Notes In Buyback To $1.25 Billion

Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. are dealer managers, and the information agent and tender agent is D.F. King & Co. Inc.

Erin Pedigo

Quanta Services Completes $750 Million Share Buyback

The ASR arrangement enabled repurchases under the $1.25 billion stock repurchase program. In all, 35.1 million shares priced at $21.36 each were retired.

Erin Pedigo

Anadarko Opens Tender Offer For $1 Billion Of Senior Notes

The tender offer is scheduled to expire May 5, and the early tender date is April 21. Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. are the dealer managers.

Erin Pedigo

ION Geophysical Opens Exchange Offer For Second Priority Notes

ION Geophysical will pay the $1,000 principal amount of its new 9.125% second priority notes due 2021 for each $1,000 principal amount of notes validly tendered for exchange.

Erin Pedigo

Repsol Oil & Gas Canada Opens Buybacks For Senior Notes

D.F. King & Co. the information agent and tender agent, and HSBC Securities (USA) Inc. and UBS Securities LLC are dealer managers.

Erin Pedigo

Report: Chesapeake Energy Considers 1.5-lien Debt Exchange

Chesapeake completed another bond swap last year when it offered debtholders secured bonds paying 8% interest for unsecured bonds maturing between 2017 and 2023, Reuters reported. 

Erin Pedigo

Ascent Resources – Utica Reports Early Results Of Note Exchange Offer

Offer’s fulfillment is conditional on valid tenders and accession of all participating noteholders to ARU’s junior secured term credit agreement, and entry into a subscription agreement regarding the new notes.

Erin Pedigo

Goodrich Petroleum Opens Note, Stock Exchange Offers

Georgeson Inc. is the information agent and American Stock Transfer & Trust Co. LLC is the exchange agent. The offers will expire on Feb. 24.  

Erin Pedigo