bondholders

Armstrong Energy Succumbs to Coal Slump
Bankruptcy

Armstrong Energy Succumbs to Coal Slump

The Western Kentucky coal producer's bankruptcy illustrates the challenges facing President Trump's vision of a coal industry revival.
By Matthew Heller | November 2, 2017
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Stone Energy Files Chapter 11 to Reduce Debt
Strategy

Stone Energy Files Chapter 11 to Reduce Debt

The oil-and-gas producer's restructuring plan calls for bondholders to forgive $850 million in debt in exchange for control of the reorganized company.
By Matthew Heller | December 16, 2016
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Gol’s Debt Swap Offer Gets Tepid Response
Strategy

Gol’s Debt Swap Offer Gets Tepid Response

Only 22% of the Brazilian airline's bondholders accepted the offer but it is continuing to look for medium-term restructuring solutions.
By Matthew Heller | July 6, 2016
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Atlantic City Crisis Threatens Other N.J. Cities: Moody’s
Credit

Atlantic City Crisis Threatens Other N.J. Cities: Moody’s

New Jersey's "posture toward Atlantic City reduces the likelihood that it would rescue other financially distressed cities," the rating agency warns.
By Matthew Heller | April 7, 2016
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New Gulf Joins Energy’s Chapter 11 Parade
Strategy

New Gulf Joins Energy’s Chapter 11 Parade

The oil driller has a debt-for-equity swap in place with a bondholder group that will erase more than $400 million in debt from its books.
By Matthew Heller | December 18, 2015
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