Page 99 - Sustained Performance With Improved Sequential News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Sustained performance with improved sequential. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Sustained Performance With Improved Sequential Today - Breaking & Trending Today

Sundance Energy Takes Action to Strengthen Balance Sheet and Position Business for Sustained Future Success, Commences Financial Restructuring With Lender Support


Company initiates voluntary, prepackaged Chapter 11 process that will eliminate over $250 million of funded debt obligations
Chapter 11 process expected to conclude in approximately 60 days
All operations to continue as usual; employees, vendors, royalty owners, and other trade creditors to continue being paid in full in the ordinary course of business
Enters Chapter 11 process with at least $45 million of committed DIP financing
DENVER, March 09, 2021 (GLOBE NEWSWIRE) Sundance Energy Inc. (NASDAQ: SNDE) and its affiliates (“Sundance” or the “Company”), an onshore independent oil and natural gas company focused on the development of large, repeatable resource plays in North America, today announced that it has filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas to effectuate a transaction that will strengthen the Company’s balance sheet and best position Sundance for sustained future success. All o ....

Eagle Ford , United States , Cathy Anderson , Eric Mccrady , Angelo Thalassinos Sarah Rosselet , Us Bankruptcy Court , Latham Watkins , Sundance Energy Inc , Consulting Inc , Miller Buckfire Co , Bankruptcy Court , Company Chapter , News Company , Hunton Andrews Kurth , North America , Southern District , Restructuring Support Agreement , Term Loan Facility , Prepackaged Plan , Term Loan , Chief Executive , Prime Clerk , Miller Buckfire , Private Securities Litigation Reform Act , Vice President , Chief Financial Officer ,