Brazilian oil and gas driller feels the pinch of a weak marketplace and runs the risk of not meeting dividend payments next year
Tag: QGOG
Posted inDaily Brief
QGOG completes buyback
Bondholders tender roughly $605m, or 86%, of the Brazilian oil and gas driller’s 2019 bonds
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Noteholders flock to QGOG’s early tender deadline
Bondholder’s tender almost 90% of the Brazilian oil and gas driller’s 6.25% 2019 bonds
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QGOG launches bond swap
Brazilian oil and gas drilling company looking to exchange 6.25% 2019s for 9% PIK senior secured 2024 notes
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QGOG stretches bond swap
Brazilian drilling company delays due date to exchange 2019 notes for new 2024s
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Fitch downgrades QGOG
Rating agency cuts the oil rig company due to delays in renewing contracts