Home Linn Energy creditors at risk of collateral damage
 

Keywords :   


Linn Energy creditors at risk of collateral damage

2016-03-16 10:32:21| Energy - Topix.net

Linn Energy LLC said on Tuesday that it did not fully secure a bond swap with the agreed collateral, creating a major headache for its creditors if the oil and gas producer seeks bankruptcy protection. Linn offered mortgages on a large majority of its oil and natural gas properties to creditors, including funds managed by Franklin Templeton Investments, as collateral last year.

Tags: energy risk damage collateral

Category:Energy and Environment

Latest from this category

All news

23.11Idées de CADRES No.83
23.11 12BOX PREMIUMpack 25th
23.11V2box
23.11
23.11 &
23.11DVD('97/)E11387
23.117
23.11
Energy and Environment »
23.11Idées de CADRES No.83
23.11 12BOX PREMIUMpack 25th
23.11V2box
23.11
23.11 &
23.11DVD('97/)E11387
23.117
23.11
More »