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Airbnb Raises Another $1 Billion in Debt, IPO Prospects Diminish

2020-04-15 15:53:00| National Real Estate Investor

The company raised another $1 billion in first-lien debt as a financial cushion.

Tags: debt billion prospects ipo

 

Chesapeake Energy Board OKs Reverse Stock Split as Shale Pioneer Faces Debt, Lawsuit

2020-04-14 22:30:00| OGI

A majority of Chesapeake Energy shareholders voted for a 1-for-200 reverse stock split expected to raise the companys share price and help the shale pioneer avoid delisting from the New York Stock Exchange.

Tags: board stock energy debt

 
 

Exxon Mobil Raises $9.5 Billion to Load Up on Cash While Debt Market Still Open

2020-04-14 19:05:00| OGI

Exxon Mobil raised $9.5 billion by selling five different bonds with a variety of durations ranging from five years to 31 years, up from $9 billion which it had originally planned to raise.

Tags: still open market cash

 

Denbury Resources Reportedly Hires Bank for Debt Advice

2020-04-09 11:10:00| OGI

Plano, Texas-based Denbury Resources has tapped Evercore for advice on handling its debt, the sources said, stressing a debt restructuring is not imminent the oil and gas company.

Tags: resources advice bank debt

 

New York Construction Freeze Is Adding to Industrys Debt Risk

2020-04-08 20:32:00| National Real Estate Investor

Before the crisis, lenders originated roughly $8 billion in loans on New York construction projects.

Tags: york construction risk adding

 

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