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New Filing - Basic Energy Services Inc.
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New Filing - Basic Energy Services Inc.

Oct 25, 2016
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New Filing - Basic Energy Services Inc.
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Basic Energy Services Inc.

  • 10/24/16 Recap: Publicly-traded E&P servicer files prepackaged chapter 11 cases to equitize $824.6mm of unsecured debt and bolster liquidity via $125mm rights offering.  

  • Jurisdiction: D. of Delaware

  • Capital Structure: $100mm '19 ABL, $165mm '21 13.5% TL, $475mm '19 7.75% senior notes, $300m '22 7.75% senior notes. 

  • Company Profes…

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