More Energy Defaults: Energy XXI Files Chapter 11; Gulf Keystone Delays Bond Payment
by Tyler Durden
ZeroHedge.com
04/14/2016
Following yesterday’s historic bankruptcy of the world’s largest coal miner Peabody Energy, the defaults continue hot and heavy overnight when first Energy XXI, which had already warned it would unlikely make its bond payments, filed for a prepack Chapter 11, and then Gulf Keystone announced it would delay a bond payment.
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