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dDT

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dDT

Re: None

Monday, 03/02/2015 4:00:04 PM

Monday, March 02, 2015 4:00:04 PM

Post# of 53906
> BPZ Energy to be de-listed from NYSE

The NYSE says it is suspending trading in BPZ Energy (BPZ -36%) and will begin delisting proceedings, as the share price is "abnormally low" and no longer suitable for a listing on the exchange.
BPZ earlier said it is exercising a 10-day grace period for repaying the $62M in principal and interest owed on its convertible bonds, and that it is in talks with some of the bondholders about a potential restructuring of the debt.

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