Oil and gas firm plans to list its shares on the Toronto stock market today
Tag: Catalyst Capital
Posted inDaily Brief
Court approves Pacific E&P restructuring
Ontario court greenlights agreement between the oil and gas company and Canadian private equity fund
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Pacific E&P details counteroffer
An alternative restructuring deal from minority shareholders involves $575m in DIP financing and money to break the existing agreement with Catalyst
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Pacific E&P bondholders back Catalyst offer
More than 98% of the oil and gas company’s creditors have voted in favor of the Canadian private equity firm’s restructuring plan
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Pacific E&P mulls new restructuring offer
Oil and gas company receives a letter proposing an “alternative transaction” on the eve of a creditors’ meeting
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Pacific E&P gets DIP financing
Oil and gas firm nets $500m loan and secures new letter of credit from Catalyst Capital
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EIG updates Pacific E&P bid
US energy investor says it will provide more financing in return for a lower equity stake than rival offer
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Court approves Pacific E&P restructuring
Oil company gets the go-ahead to proceed with debtor-in-possession plan with Canadian private equity fund
Posted inDaily Brief
Pacific E&P inks deal with Catalyst Capital
Oil company reaches a restructuring agreement with a Canadian private equity fund that allows it to reduce its debt by $5bn