Ultra Petroleum Corp. Expects to Close on Amended Debt Exchange Agreement to Reduce Long-Term Debt by at Least $235 Million and Reduce Pro Forma Consolidated Net Leverage Ratio to 3.5x
ULTRA PETROLEUM CORP COMMON (UPL)
Last ultra petroleum corp common earnings: 5/9 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
ultrapetroleum.com
Company Research
Source: GlobeNewswire
ENGLEWOOD, Colo., Dec. 21, 2018 (GLOBE NEWSWIRE) -- Today Ultra Petroleum Corp. ("Ultra Petroleum" or the “Company”) (NASDAQ: UPL) announced it expects to close on a debt exchange agreement to reduce long-term debt by at least $235 million before year-end (the “Exchange Transaction”). The terms of the Exchange Transaction are slightly modified from the terms of the exchange agreement originally announced on October 17, 2018. Under the new Exchange Transaction, the Company has agreed to exchange approximately $505 million aggregate principal amount, or 72.2 percent, of its 6.875% Senior Notes due 2022 (the “2022 Notes”) and $275 million aggregate principal amount, or 55.0 percent, of its 7.125% Senior Notes due 2025 (the “2025 Notes”), for new 9.00% Cash / 2.00% PIK Senior Secured Second Lien Notes due July 2024 (the “New Notes”) and new warrants (the “Warrants”) of the Company entitling each holder thereof to purchase one common share of the Company. In addition to the reductio
Show less
Read more
Impact Snapshot
Event Time:
UPL
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UPL alerts
High impacting ULTRA PETROLEUM CORP COMMON news events
Weekly update
A roundup of the hottest topics