Tuesday, October 1, 2024

CORRECTION: Vantage Drilling Reaches Agreement on Comprehensive Deleveraging and Recapitalization Transaction; Executes Support Agreement With Lenders and Noteholders Holding More Than $1.6 Billion in Debt; More Than $152 Million of Annual Interest Expense Eliminated in Agreement

CORRECTION: Vantage Drilling Reaches Agreement on Comprehensive Deleveraging and Recapitalization Transaction; Executes Support Agreement With Lenders and Noteholders Holding More Than $1.6 Billion in Debt; More Than $152 Million of Annual Interest Expense Eliminated in Agreement

MarkWest Energy: Anatomy of a Bad Deal

MarkWest Energy:  Sold.  “For Pennies on the Dollar.”  Unitholders Say “No” on Management Bonus Payments MarkWest Energy Partners (ticker: MWE) distributed a news release announcing that unitholders approved the merger with MPLX (ticker: MPLX), an MLP created by Marathon Petroleum (ticker: MPC).  From the MarkWest news release:  “Based on the voting results, approximately 80 percent of the units voted at

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