Resolute Energy -11% after pulling debt offering [Seeking Alpha]
RESOLUTE ENERGY (REN)
Last resolute energy earnings: 11/5 04:15 pm
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US:NYSE Investor Relations:
resoluteenergy.com/investors-overview
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Source: Seeking Alpha
Resolute Energy -11% after pulling debt offeringResolute Energy (REN-11.6%) plunges afterwithdrawing its previously announced offering of $550M of senior notes, citing broader market conditions.REN hadintended to refinance its debt by adding ~$25B and pushing its debt due date to 2025.REN’s borrowing base was amended last month and updated earlier this month to reflect the sale of its Aneth Field properties, resulting in a slightly reduced base of $210M from $219M.See all stocks on the move »
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