BRIEF-Abraxas - On April 12, 2021, Morgan Stanley Capital Group Sent Notice Of Events Of Default, Early Termination With Respe
BRIEF-Abraxas - On April 12, 2021, Morgan Stanley Capital Group Sent Notice Of Events Of Default, Early Termination With Respe
April 22 (Reuters) - Abraxas Petroleum Corp :
* ABRAXAS - ON APRIL 12, 2021, MORGAN STANLEY CAPITAL GROUP SENT NOTICE OF EVENTS OF DEFAULT, EARLY TERMINATION WITH RESPECT TO HEDGING CONTRACTS
* ABRAXAS PETROLEUM CORP - IN DISCUSSION WITH LENDERS SEEKING ADDITIONAL FORBEARANCE, WAIVERS OR AMENDMENTS TO COVENANTS OF REVOLVING CREDIT FACILITIES
* ABRAXAS - DO NOT ANTICIPATE THAT WE WILL MAINTAIN COMPLIANCE WITH SECOND LIEN CREDIT FACILITY TOTAL LEVERAGE RATIO COVENANT OVER NEXT 12 MONTHS
* ABRAXAS PETROLEUM CORP - INTEND TO ENTER INTO AN AGREEMENT WITH OUR REMAINING SWAP COUNTERPARTY FOR TERMINATION OF ALL OF OUR HEDGING CONTRACTS
* ABRAXAS PETROLEUM CORP - ON APRIL 16, RECEIVED NOTICE OF DEFAULT FROM ANGELO GORDON STATING THAT WE HAVE DEFAULTED UNDER SECOND LIEN CREDIT AGREEMENT
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路透4月22日電-Abraxas Petroleum Corp：*Abraxas-2021年4月12日，摩根士丹利資本集團(Morgan Stanley Capital Group)就對衝合約發出違約事件通知，提前終止*Abraxas Petroleum Corp-正在與尋求額外忍耐、豁免或修訂循環信貸安排契約的貸款人討論*Abraxas-不預計我們將在未來12個月內保持遵守第二留置權信貸安排總槓桿率公約*Abraxas Petroleum Corp-打算與我們剩餘的掉期交易對手達成協議，終止我們所有的對衝合同*Abraxas Petroleum Corp-4月16日，收到Angelo Gordon的違約通知，稱我們已根據第二留置權信貸協議違約Eikon的源文本：[進一步的公司報道：(Reurs.Briefs@thomsonreurs.com；)