Tag / Arp

Subscribe

Arp

Atlas Resource Partners Headed to Bankruptcy In Pre-Packaged Deal With Lenders

Atlas Resource Partners LP (ARP) said Monday that it has reached a restructuring deal with nearly all of its lenders and bondholders that agreed to reduce its debt by $900 million in exchange for all the common equity in the new company when it emerges from Chapter 11 bankruptcy proceedings.

July 25, 2016