Finance - Buybacks

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.

January 9, 2017

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.

December 27, 2016

Devon Upsizes Maximum Tender Offers In Notes Buyback

The tenders will be funded through the net proceeds from previously completed asset sales and financing transactions, and will reduce outstanding debt.

August 18, 2016

EXCO Resources Opens Tender Offer For Notes Buyback

The consent solicitation will expire on August 9 and the tender offer will expire on Aug. 23.

July 28, 2016

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.

July 15, 2016

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.

June 3, 2016

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.

May 23, 2016

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.

April 25, 2016

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.

April 22, 2016

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.

April 13, 2016

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.

April 8, 2016

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.

March 29, 2016

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