Chaparral: Chaparral Energy Emerges from Chapter 11, Raising $35MM in New Capital

Chaparral Energy emerged from Chapter 11 as a private, non-SEC filing company, completing its financial restructuring. The company equitized all $300 million of its unsecured 8.75% senior notes due 2023 and reduced its annual interest expense by more than $25 million. The post Chaparral Energy Emerges from Chapter 11, Raising $35MM in New Capital appeared first on ABFJournal.