Wednesday, September 23, 2015

"Energy XXI May Use Liquidity to Repurchase 2017 and 2018 Bonds"

Word on the street: "Energy XXI may use its $820 million of liquidity to repurchase bonds maturing in 2017 and 2018 to avoid being forced to refinance its $500 million credit line or repay its $1.45 billion 2020 bonds ahead of schedule."

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