E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers A > Headlines for Atlas Resource Finance Corp. > News item
Published on 7/15/2016 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Atlas Resource Partners skips payment due July 15 on 7¾% senior notes

By Caroline Salls

Pittsburgh, July 15 – Atlas Resource Partners, LP and its Atlas Resource Partners Holdings, LLC and Atlas Resource Finance Corp. subsidiaries will not make the $13.7 million interest payment due July 15 on their 7¾% senior notes due 2021, according to an 8-K filed Friday with the Securities and Exchange Commission.

Atlas has elected to use the 30-day grace period related to the payment.

As previously reported, the company is in ongoing negotiations with its lenders and noteholders.

Atlas Resource Partners is an oil and gas master limited partnership based in Pittsburgh.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.