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0 0 0 0 0 -0.0904761904761905 -0.0476190476190478 0.0871428571428571
Stock impact report

Jones Energy to file for bankruptcy [Seeking Alpha]

JONES ENERGY INC (JONE) 
Last jones energy inc earnings: 2/27 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
Jones Energy to file for bankruptcy Jones Energy ( OTC:JONE -22.6% will file About 84% of both first-lien and unsecured notes agreed to convert their holdings. Some holders have agreed to provide ~$20M of term loan exit financing and any loans drawn under the Exit Facility will be non-amortizing. The restructuring support agreement also provides flexibility to obtain alternative exit financing during the chapter 11 process through the Effective Date, of up to $150M The company plans to file for Chapter 11 in the Southern District of Texas on or before April 15. Jones Energy will request a hearing to approve the adequacy of the Disclosure Statement and confirm the Plan on May 6, 2019. Show less Read more
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