Current BAS Stock Info

Basic Energy Services emerges from bankruptcy with $125 million in new capital, and erases $775 million in debt
Fort Worth-based Basic Energy Services (ticker: BAS) announced this month that the company has successfully completed its prepackaged restructuring. The company will exit Chapter 11 with $125 million in new capital, and with its debt level reduced by $775 million, according to the company’s press release.  

Through the prepacked plan, Basic equitized over $800 million of unsecured debt, including accrued interest, eliminated over ...

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