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California Resources Corporation Announces Fourth Quarter 2020 and Full Year Results By Staff 3 weeks ago SANTA CLARITA, Calif.–(BUSINESS WIRE)–California Resources Corporation (NYSE: CRC), an independent California-based oil and natural gas exploration and production company, today reported fourth quarter and full year 2020 results. Operational and financial highlights were as follows: 2020 Fourth Quarter and Full Year Highlights For the full year of 2020, CRC reported net income of $1,871 million and an adjusted net loss attributable to common stock 1 of $257 million, excluding unusual and infrequent items primarily related to CRC’s bankruptcy proceedings and asset impairments For the full year of 2020, reported net cash provided by operating activities of $106 million while generating free cash flow ....
Share this article Share this article DUBLIN, March 10, 2021 /PRNewswire/ Mallinckrodt plc (OTCMKTS: MNKKQ) ( Mallinckrodt or the Company ) today announced that it has reached agreement with an ad hoc group of first lien term lenders holding approximately $1.3 billion of its outstanding First Lien Term Loans (the First Lien Term Loan Lenders ) to support the Company s previously announced restructuring support agreement ( RSA ). The agreement, which is based on providing new term loans financing to replace the First Lien Term Loans, resolves the open dispute between the Company and the First Lien Term Loan Lenders as to how such Lenders are to be treated under the restructuring plan and serves to extend near-term debt maturities. ....