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日电-Abraxas Petroleum Corp：*Abraxas-2021年4月12日，摩根士丹利资本集团(Morgan Stanley Capital Group)就对冲合约发出违约事件通知，提前终止*Abraxas Petroleum Corp-正在与寻求额外忍耐、豁免或修订循环信贷安排契约的贷款人讨论*Abraxas-不预计我们将在未来12个月内保持遵守第二留置权信贷安排总杠杆率公约*Abraxas Petroleum Corp-打算与我们剩余的掉期交易对手达成协议，终止我们所有的对冲合同*Abraxas Petroleum Corp-4月16日，收到Angelo Gordon的违约通知，称我们已根据第二留置权信贷协议违约Eikon的源文本：[进一步的公司报道：(Reurs.Briefs@thomsonreurs.com；)