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03/17/16 9:20 AM

#8247 RE: ttmasher #8237

BK averted - payment within grace period (details here)

The Oklahoma City-based oil and gas company, hurt by the commodities rout, last month chose to defer making $21.7 million in interest payments and enter into a 30-day grace period. The company said it made the $21.7 million payment on Tuesday within the grace period, and also made another $28.4 million due on other debt on Wednesday.