Your email has been successfully added to our mailing list.

×
0.0493703777733361 0.0493703777733361 0.058764741155307 0.0205876474115532 0.0573655806516092 0.0377773335998402 0.0441734959024585 0.0441734959024585
Stock impact report

Warren Resources Announces Closing of Strategic Refinancing and Second Lien Term Loan

WARREN RESOURCES (WRES) 
US:NASDAQ Investor Relations: phx.corporate-ir.net/3wnu.url
Company Research Source: GlobeNewswire
Exchange of $63.1 million of unsecured high yield notes (plus accrued interest) for $40.1 million of second lien debt, providing significant deleveragingAdditional second lien loan of $11 million in new money and first lien draw down of an additional $10 million, providing significant additional liquidity NEW YORK, Oct. 22, 2015 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq:WRES) today announced the closing of a privately negotiated second lien loan transaction that provides Warren with approximately $11.0 million of new money and approximately $40.1 million of second lien term loans through the exchange of approximately $63.1 million of unsecured notes (plus accrued interest). In connection with this exchange, Warren also issued 4,000,000 shares of its common stock to the exchanging noteholders. Following this transaction and the previously announced first lien transaction in May 2015, a total of approximately $167.0 million in unsecured high yield notes will remain outstand Show less Read more
Impact Snapshot
Event Time:
WRES
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for WRES alerts
Opt-in for
WRES alerts

from News Quantified
Opt-in for
WRES alerts

from News Quantified