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Stock impact report

Key Energy skips interest payment, starts strategic review [Seeking Alpha]

Valaris Limited Common Shares (VAL) 
Last valaris limited common shares earnings: 4/29 09:50 pm Check Earnings Report
US:NYSE Investor Relations: investors.sherwin-williams.com
Company Research Source: Seeking Alpha
Seeking Alpha Energy | On the Move Key Energy skips interest payment, starts strategic review Oct. 31, 2019 6:41 PM ET Key Energy Services, Inc. (KEG) Carl Surran Key Energy Services (NYSE: -13.2% review of strategic alternatives In connection with the review, KEG says it did not make a scheduled interest payment due Oct. 18 under its term loan, resulting in a default. KEG says it entered into forbearance agreements in which its lenders will not exercise any default-related rights until Dec. 6. The company says it is "in active discussions with the lenders regarding [its] capital structure and the potential to reduce its debt level in light of challenging market conditions." See all stocks on the move » Now read: Valaris: Q3 Results Are Better Than Q2 Numbers But Liquidity Continues To Decrease » Try PREMIUM Show less Read more
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