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biotechnician

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biotechnician

Re: None

Monday, 10/17/2016 1:26:19 PM

Monday, October 17, 2016 1:26:19 PM

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In the recent restructuring of oil and gas driller Swift Energy Co., shareholders hung onto a 4% stake plus got warrants for additional shares. Court papers show the company's valuation wasn't high enough to support a payout to equity, but a restructuring deal struck with bondholders before the bankruptcy promised a shareholder recovery. As a result of that agreement, the company was in and out of chapter 11 in less than four months.
Now SWTF
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