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sando0

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sando0

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Monday, 03/02/2015 6:15:55 PM

Monday, March 02, 2015 6:15:55 PM

Post# of 509
Hmm looks bad...
http://finance.yahoo.com/news/american-eagle-energy-announces-operations-210500125.html

"Interest Payment

A $9.8 million semi-annual interest payment related to the bonds was due on March 2, 2015. As American Eagle continues to assess its near- and mid-term liquidity, and, in consultation with its standard advisors, as well as two newly engaged, experienced investment banks, to explore options to strengthen its balance sheet, it will utilize the 30-day grace period provided in the related bond indenture to determine whether to make the interest payment."

If they dont make the payment? then?
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