Debt swaps a tough sell for cash-strapped U.S. energy firms

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Debt swaps a tough sell for cash-strapped U.S. energy firms
29 February 2016, New York — Highly-leveraged U.S. energy companies are struggling to carry out debt swaps as part of their survival strategy because plummeting oil and gas prices make investors either avoid such deals or demand tougher terms. Last year, at least, 10 exploration and production companies, including California Resources Corp (CRC.N), managed to […] More »
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