Finance

Finance - Buy Backs

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.

Erin Pedigo
2016/08/18

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.

Erin Pedigo
2016/07/28

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
2016/07/15

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
2016/06/03

Finance - Debt

SEC: Enbridge Files $7 Billion Mixed Shelf Offering

Enbridge is expanding its North American pipeline network, which carries the bulk of Canadian crude oil exports to the U.S., Reuters reported.

Erin Pedigo
2016/08/22

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.

Erin Pedigo
2016/08/18

Canada's Pacific Exploration Says Creditors Approve Restructuring Plan

The Canadian oil producer said it expects to implement and complete the restructuring transaction late in the third quarter or early in the fourth quarter of 2016.

Emily Moser
2016/08/18

Analysts: Worst Of Energy Bankruptcies In Rearview Mirror

Oilfield services still face bankruptcy threat, but rest of industry relatively in the clear for this year.

2016/08/16

Finance - Equity

SEC: Enbridge Files $7 Billion Mixed Shelf Offering

Enbridge is expanding its North American pipeline network, which carries the bulk of Canadian crude oil exports to the U.S., Reuters reported.

Erin Pedigo
2016/08/22

Howard Energy Partners Reports $500 Million Private Placement

AIMCo will initially purchase $300 million units with a commitment to purchase an additional $200 million in the future. 

Erin Pedigo
2016/08/22

Jones Energy Prices Upsized Public Equity Offerings

Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are joint book-running managers for both offerings.

Erin Pedigo
2016/08/19

Analysts: Worst Of Energy Bankruptcies In Rearview Mirror

Oilfield services still face bankruptcy threat, but rest of industry relatively in the clear for this year.

2016/08/16

Finance - Redemptions

Halliburton Will Redeem $2.5 Billion In Senior Notes

The Bank of New York Mellon Trust Co. NA, the trustee, is notifying all current registered noteholders of the redemption.

Erin Pedigo
2016/05/09

CenterPoint Closes $363 Million Investment In Enable Midstream Securities

The units were priced at $25 each, and Enable redeemed about $363 million of notes payable to subsidiary CenterPoint Energy Resources Corp. These notes will mature in 2017.

Erin Pedigo
2016/02/19

Tortoise Energy Infrastructure Will Redeem Series C Shares

The redemption represents a $50 million liquidation preference, and the redemption date is Jan. 8, 2016. The credit facilities funded the total price with Computershare, the paying agent and transfer agent, on Dec. 8. 

Erin Pedigo
2015/12/23

Federal Judge: CHK Noteholders Must Get $397.7 Million

A Manhattan federal judge ruled Chesapeake must pay bondholders an additional $379.7 million, after an appeals court ruled a series of senior notes was improperly redeemed at par, Bloomberg said.

2015/07/10

Finance - Restructuring

Analysts: Worst Of Energy Bankruptcies In Rearview Mirror

Oilfield services still face bankruptcy threat, but rest of industry relatively in the clear for this year.

2016/08/16

Sabine Emerges From Bankruptcy As Private Company

In conjunction with its emergence from Chapter 11, Sabine closed on its new senior secured credit facility.

Erin Pedigo
2016/08/12

Loss Of Sandpiper Could Help Bring Bakken Into Balance

If Sandpiper Pipeline Project is snuffed, supply-and-demand balance in Bakken could arrive sooner, East Daley analysts say.

2016/08/11

Oilfield Service Sector On Course To Hit $110 Billion Debt Wall

Analysts’ report describes massive amount of maturing, expiring debt facing oilfield services sector.

2016/08/10