je.st
news
Stressed oil firms turn to junk bonds, bankruptcy
2015-03-22 02:02:19| Oil & Gas - Topix.net
The oil price crash is taking a growing financial toll on companies throughout the industry, forcing some into bankruptcy and others to issue expensive junk bonds to stay afloat. On Tuesday, shale producer Quicksilver Resources filed for bankruptcy protection for its US operations after missing a bond payment.
Tags: turn
oil
firms
bonds
Category:Energy and Environment
Latest from this category |
All news |
||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||