Market Impact: Negative. Pacific has elected to utilize a 30 day graced period and will defer the interest payments on their 5.625% notes due January 19, 2025 and 5.375% notes due January 26, 2019. The two interest payments that have been deferred are US$66.2 mm.

15 Jan 2016
PACIFIC EXPLORATION & PRODUCTION (PRE) ELECTS TO DEFER INTEREST PAYMENTS ON NOTES

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PACIFIC EXPLORATION & PRODUCTION (PRE) ELECTS TO DEFER INTEREST PAYMENTS ON NOTES
Pensana Plc (PRE:LON) | 140 2.8 1.5% | Mkt Cap: 422.7m
- Published:
15 Jan 2016 -
Author:
Darren B. Engels -
Pages:
2 -
Market Impact: Negative. Pacific has elected to utilize a 30 day graced period and will defer the interest payments on their 5.625% notes due January 19, 2025 and 5.375% notes due January 26, 2019. The two interest payments that have been deferred are US$66.2 mm.