Ultra Petroleum: An Innovative Step To Save The Firm [Seeking Alpha]
ULTRA PETROLEUM CORP COMMON (UPL)
Last ultra petroleum corp common earnings: 5/9 06:00 am
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US:NYSE Investor Relations:
ultrapetroleum.com
Company Research
Source: Seeking Alpha
Ultra Petroleum: An Innovative Step To Save The FirmSummaryThe management team at Ultra has entered into a rather large and interesting debt swap arrangement.This move will significantly reduce debt for the business and lead to only nominal dilution for shareholders.It's tough to tell if this will save the company, but it certainly should help to reduce risk.
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