BRIEF-J Crew says Chinos Holdings and certain subsidiaries, affiliates enter into restructuring support agreement [Reuters]
WPX ENERGY (WPX)
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Source: Reuters
June 13 J Crew Group Inc: * J Crew Group Inc -on June 12, Chinos Holdings and certainof subsidiaries and affiliates entered into an restructuringsupport agreement * J Crew Group - agreement contemplates J.Crew partiesconducting series of interrelated liability management dealsinvolving PIK notes, term loan facility * J Crew Group -restructuring support agreement relating toseries of significant liability management transactions withcertain holders of outstanding PIK notes * J Crew Group - pursuant to deals J.Crew parties, will seekto up to $190 million aggregate liquidation preference of newpreference shares issued by parentSource text: ( bit.ly/2siWabd )Further company coverage: Our Standards: The Thomson Reuters Trust Principles Next In Market News UPDATE 1-WPX forms JV to develop midstream assets in Permian basin June 13 U.S. oil and gas producer WPX Energy Incsaid it had agreed to form a joint vent
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