Current HNR Stock Info

Harvest Natural Resources, Inc. (HNR) recently announced two agreements to exchange common stock for outstanding senior notes and announced it is considering offering $75 million in new senior notes.

Under the terms of the exchange agreement, $4,651,000 of the principal amount of senior notes bearing an interest rate of 8.25% will be exchanged for 829,951 shares of Harvest’s common stock. Additionally, Harvest has agreed to issue the note-holders 41,215 shares of common stock in exchange for foregoing a one year interest payment by the Company...

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