InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,424.87
(
0.27%
)
Post# of 13692
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Timothy Smith

Send PM Follow Ignore
Followers 123
Posts 7286
Boards Moderated 0
Alias Born 07/06/2012

Timothy Smith

Re: Smilin_B post# 6734

Wednesday, 02/17/2016 9:33:46 AM

Wednesday, February 17, 2016 9:33:46 AM

Post# of 13692
SandRidge Energy (NYSE:SD) says it will exercise its grace period and defer making $21.7M in interest payments on its outstanding $543.6M principal amount of 7.5% senior notes due 2023 and its outstanding $46.9M principal amount of 7.5% senior convertible notes due 2023.

SD says it has sufficient liquidity to make the payments but will use the 30-day grace period in connection with its ongoing discussions with stakeholders.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up