Lone Pine Aims To Restructure, Raise $100M In Bankruptcy
By Jamie Santo ( September 25, 2013, 8:32 PM EDT) -- Lone Pine Resources Inc. initiated insolvency proceedings in Canada and the U.S. on Wednesday as the Canadian energy outfit seeks to restructure through a creditor-backed plan that calls for a debt-for-equity swap and the infusion of $100 million in new capital....
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