SunWorks Inc (SUNWQ)

[Chiinkwia1]

SandRidge Energy (NYSE:SD) is in discussions with its creditors about reaching a debt restructuring deal ahead of a possible bankruptcy filing, Reuters reports.
• If SD seeks bankruptcy protection, there is no certainty it would get enough support among creditors beforehand for a prepackaged deal, according to the report; a potential alternative would be a pre-negotiated bankruptcy, with some but not all debt investors agreeing on terms.
• SD, which had $3.6B in debt as of Dec. 31, has an interest payment due June 1; while the company has missed such payments before, it managed to make them later.