Pulled the reason for the debt reclassification out of the filings...it was pretty prominent there. A lot of random speculation going on ....best to try and stay informed.
At March 31, 2016, ARP had $1.553 billion of total debt, including $672.0 million outstanding under its revolving credit facility. On May 10, 2016, ARP entered into a ninth amendment to its revolving credit facility due July 2018 to waive compliance with certain financial covenants as of March 31, 2016, which automatically waived compliance with similar covenants under its term loan facility due February 2020. Based on the terms of the amendment, ARP classified $906.2 million of outstanding amounts under these facilities, net of certain deferring financing costs and unamortized discounts, as current portion of long term debt within its consolidated balance sheet as of March 31, 2016.
