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C&J Energy In Deal With Lenders To Restructure $1.4B

By Jonathan Randles (July 12, 2016, 9:11 PM EDT) -- C&J Energy Services Ltd. has struck a deal with a group of its secured lenders on a restructuring deal that will eliminate $1.4 billion in debt from the oil and gas services provider's balance sheet in exchange for equity in the reorganized business, the company said last week....

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