Post Tagged with: "leverage"

Whiting Reduces Debt via a Debt for Equity Transaction

Whiting Reduces Debt via a Debt for Equity Transaction

Whiting Petroleum (ticker: WLL) has initiated an exchange offering for senior notes aimed at lowering debt and leverage through the mandatory conversion of senior notes to equity. The announcement on June 22, 2016, will encompass $377.0 million worth of nonconvertible …