Ultra Petroleum Plans $2B Debt Swap In Return To Ch. 11
By Vince Sullivan ( May 15, 2020, 11:16 AM EDT) -- Wyoming-based natural gas producer Ultra Petroleum Corp. can tap into a $25 million post-petition loan after a Texas bankruptcy judge authorized the financing as the company pursues a prepackaged plan of reorganization that envisions a reduction of its debt by $2 billion by mid-June....
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