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bar1080

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bar1080

Re: None

Friday, 05/13/2016 1:46:01 AM

Friday, May 13, 2016 1:46:01 AM

Post# of 1499
"Linn Energy Bankruptcy: Salvation For Equity Holders?"

* Equity holders will get wiped out according to the current plan.

* First Lien gets full recovery.

* Second lien and unsecured notes will get wiped out, save equity interest in the new company.

* There were some disagreements among different classes of creditors.

* Current shareholders can still get a chance if other creditors put up a fight.

http://seekingalpha.com/article/3974426-linn-energy-bankruptcy-salvation-equity-holders

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Because the Good Life is Just a Pump or Two Away

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