Distressed Debt: Linn Energy Skips Interest Payment, Warns of Chapter 11 |
| March 16, 2016 | March 2016 Bond Updates |
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Linn Energy deferred interest payments on three series of bonds due today, and warned that a Chapter 11 filing may be “unavoidable” as it struggles to manage its $9 billion debt pile amid the oil price rout. |
| View more at: http://www.forbes.com/sites/spleverage/2016/03/15/distressed-debt-linn-energy-skips-interest-payment-warns-of-chapter-11/ |
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