Post by
downwithdotcom1 on Jun 21, 2022 9:12pm
wait...what????? why?????
re-financing of the notes CANCELLED!!!! was this because of the new gov't RISK and therefore it fell thru??? i wasn't crazy about the higher 8.5 % interest rate but at least the expiry dates were pushed out ..company better explain themselves QUICKLY..not a total disaster but at these current oil prices, should be able to pay down this debt on time...still..yikes..how will the market react tomorrow...dwdc
Comment by
RoughDay on Jun 22, 2022 9:11am
Are they almost or dept free now?
Comment by
monte8 on Jun 22, 2022 12:45pm
Debt free now. There is no need for the share price to be this low. Concesssions can be made with the new government as they always are. The share price has lost approx 40% the last 10 days on the scare tactics.
Comment by
downwithdotcom1 on Jun 22, 2022 4:15pm
DEBT FREE????? give your head a shake -they owe on a set of 6.25% Senior Notes due 2025 and 7.750% Senior Notes due 2027 for a combined total of $600 million USD!! seriously, do your homework man...dwdc