" I am planning another trip to DC with Frank." please don't u have put the poster thur enough already
GM had a muti BILLION$$ bailout by the GOV .they should have not received that money .99% of the ones that got the bailout have paid it back GM hasn't and won't .GM stole taxpayers money. it wasnt the GOV 's to give out .Obummer is a thieve .he will be GM's BOD stealing more money
Pure BS on your part they don't work . No one in their right mind would want their potential for growth to be cut by an unknown percentage at any point And when things don't go the way u pumpers HOPE and Pray for u will be right back down to the RS level .
"I sent a message to the owner asking what happened, and got a response that the info might have been in the wrong format." Why pick Google who knows what went on with decision with that ? There R so many other formats that serves this matter better with openness .It makes one wonder ?
they need to get off google too hard to navigate .investorshub mhr or investorvillage or at the worst yahoo
News Section now .not sure I understand some of her figures in the article ?
Form 8-K for MAGNUM HUNTER RESOURCES CORP
Other Events, Financial Statements and Exhibits
Item 8.01 Other Events.
As previously reported by Magnum Hunter Resources Corporation (the "Company") in a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on December 15, 2015 (the "Filing 8-K"), the Company and certain of its subsidiaries (collectively, the "Debtors") filed voluntary petitions for reorganization (the "Filing") under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") under the caption In re Magnum Hunter Resources Corporation, et al., Case No. 15-12533. In connection with the Filing, on December 17, 2015, the Debtors entered into a Debtor-in-Possession Credit Agreement (the "DIP Credit Agreement"), by and among the Company, as borrower, and the lenders party thereto, which consist of certain of the Second Lien Lenders and the Noteholders (each as defined below) (the "DIP Lenders"), and Cantor Fitzgerald Securities, as administrative agent for the DIP Lenders and as collateral agent.
On December 21, 2015, the Company filed with the Bankruptcy Court financing syndication procedures for its previously disclosed DIP Credit Agreement. The financing syndication process under the DIP Credit Agreement provides the Second Lien Lenders and Noteholders who are not yet DIP Lenders the opportunity to participate in the DIP Credit Agreement financing pursuant to the term sheet disclosed in the Filing 8-K. The filing with the Bankruptcy Court and the attached financing syndication procedures are attached hereto as Exhibit 99.1 and incorporated herein by reference.
As used herein, the term "Noteholders" means holders of the Company's 9.75% Senior Notes due 2020, and the term "Second Lien Lenders" means the lenders under the Second Lien Credit Agreement, by and among the Company, as borrower, Credit Suisse AG, Cayman Isla
" Alvarez & Marsal North America, LLC is serving as restructuring advisor. " These r top notch folks .They will want to get ge and the board kicked to the curb .
the rigid observance of rules of convention or etiquette.
"he retained the formality of his social background"
•a thing that is done simply to comply with requirements of etiquette, regulations, or custom.
plural noun: formalities
synonyms: official procedure, bureaucracy, red tape, paperwork
"we keep the formalities to a minimum"
oh well.who didn't see this coming .