2/28/2023 | BKCVDDEMIGPV | Market Commentary: Junk: $2.2 billion of new paper; Consolidated Communications falls; Ranger Oil spikes
|
2/28/2023 | HY | Market Commentary: Junk: $2.2 billion of new paper; Consolidated Communications falls; Ranger Oil spikes
|
10/7/2021 | BK | Penn Virginia repays credit facility with released escrow from notes
|
8/24/2021 | BK | Penn Virginia lifts credit facility borrowing base, extends maturity
|
7/30/2021 | HY | Market Commentary: United Rentals prices; Bally’s junk megadeal on deck; Venture Global skyrockets in secondary
|
7/29/2021 | HY | Market Commentary: Venture Global sells upsized junk bond deal; Jefferies gains; Air Canada loses altitude
|
7/28/2021 | HY | Market Commentary: Jefferies, Jefferson price $1.3 billion; Air Canada in focus; Acrisure weak; Penn Virginia soft
|
7/28/2021 | BKCVDDEMIGPV | Market Commentary: Jefferies, Jefferson price $1.3 billion; Air Canada in focus; Acrisure weak; Penn Virginia soft
|
7/27/2021 | HY | New Issue: Penn Virginia prices $400 million 9¼% five-year notes to yield 9½%
|
7/26/2021 | BKHY | Fitch gives Penn Virginia notes B
|
7/26/2021 | BKHY | S&P gives Penn Virginia notes B
|
7/26/2021 | HY | Penn Virginia expected to price $400 million notes on Tuesday; initial talk low-to-mid 9% area
|
5/7/2021 | HY | Market Commentary: Junk: Univision, Acuris price; Renewable Energy, Cabinetworks, Herbalife at a premium
|
5/5/2021 | BKHY | S&P gives Penn Virginia notes B
|
4/27/2021 | BK | S&P gives Penn Virginia B-
|
4/27/2021 | BK | Fitch assigns Penn Virginia B-
|
4/30/2020 | BK | Penn Virginia borrowing base set at $400 million; reductions slated
|
5/8/2019 | BK | Penn Virginia increases credit agreement commitments to $1 billion
|
10/29/2018 | BKHY | Denbury gets $1.6 billion bank financing to buy Penn Virginia
|
10/29/2018 | DD | Market Commentary: Weatherford notes tumble after earnings miss; Denbury issues decline on acquisition news
|
10/29/2018 | HY | Market Commentary: Weatherford notes tumble after earnings miss; Denbury issues decline on acquisition news
|
10/26/2018 | BK | Penn Virginia amends facility to lift borrowing base to $450 million
|
4/10/2018 | BK | Penn Virginia intends to cut leverage ratio to 1.5x by year-end 2018
|
3/7/2018 | BK | Penn Virginia amends facility to lift borrowing base to $340 million
|
10/2/2017 | BK | Penn Virginia secures $200 million five-year term loan for acquisition
|
8/2/2017 | BK | Penn Virginia $150 million in new debt to be led by Jefferies
|
7/31/2017 | BK | Penn Virginia plans $150 million in new debt for acquisition
|
11/15/2016 | BKDD | Penn Virginia boasts of balance sheet, lender support post-bankruptcy
|
9/16/2016 | BK | Penn Virginia new $200 million reserve-based revolver detailed in 8-K
|
9/12/2016 | BKDD | Penn Virginia emerges from bankruptcy, closes on $200 million revolver
|
8/18/2016 | DD | Penn Virginia inks agreement in principle to amend ETC Texas deals
|
8/11/2016 | DD | Penn Virginia second amended plan of reorganization confirmed by court
|
8/10/2016 | DD | Penn Virginia: Republic construction and gathering agreement amended
|
8/5/2016 | DD | Penn Virginia seeks exclusivity extension to finalize restructuring
|
7/29/2016 | DD | Penn Virginia reports $396,000 of operating income for June
|
7/18/2016 | DD | Penn Virginia announces $25 million Republic agreement in principle
|
7/14/2016 | DD | Penn Virginia ad hoc committee seeks official equity committee
|
6/28/2016 | DD | Penn Virginia disclosure approved; plan confirmation hearing Aug. 11
|
6/8/2016 | DD | Penn Virginia secures final court approval of $25 million DIP facility
|
6/7/2016 | DD | Penn Virginia committee applies to hire counsel in Chapter 11 case
|
5/25/2016 | DD | Penn Virginia U.S. Trustee names three to official creditors committee
|
5/20/2016 | BKCVDDEMHY | Prospect News reports six new defaults for May 12 to May 18, S&P 10
|
5/13/2016 | DD | Penn Virginia secures interim access to $10 million of DIP financing
|
5/13/2016 | CV | S&P cuts Chesapeake Energy, notes, convertibles
|
5/13/2016 | BKCVDD | Moody’s lowers Penn Virginia, notes
|
5/12/2016 | BKDDHY | Penn Virginia files for Chapter 11, gets $25 million DIP commitments
|
5/12/2016 | BKDDHY | Penn Virginia files for Chapter 11, gets $25 million DIP commitments
|
4/22/2016 | BKCVDDEMHY | Prospect News reports six new defaults for April 14-April 20, S&P five
|
4/20/2016 | BKHY | S&P downgrades Penn Virginia
|
3/16/2016 | BKDD | Penn Virginia lenders extend default date under reserve-based loans
|
1/15/2016 | BKCVDDHY | Penn Virginia hires advisers to explore capital structure alternatives
|
12/22/2015 | BKCVDD | S&P downgrades Penn Virginia
|
11/24/2015 | BKCVDD | Moody’s downgrades Penn Virginia, notes
|
11/10/2015 | HY | Market Commentary: Penn Virginia numbers miss, bonds mixed; iHeartMedia rallies on possible asset sale news
|
11/10/2015 | DD | Market Commentary: Penn Virginia numbers miss, bonds mixed; iHeartMedia rallies on possible asset sale news
|
10/16/2015 | DD | Market Commentary: Valeant falls on federal probe, oils off with crude; Fortescue gains on debt buyback, cost-cutting
|
10/15/2015 | HY | Market Commentary: Valeant falls on federal probe, oils off with crude; Fortescue gains on debt buyback, cost-cutting
|
10/14/2015 | DD | Market Commentary: Distressed oil and gas bonds slip ahead of data; Chemours’ debt moves higher; AMD down
|
10/6/2015 | DD | Market Commentary: Chemical bonds gain; First Quantum debt rises on debt reduction plan; oil, gas names climb
|
10/6/2015 | HY | Market Commentary: High-yield primary stays empty; telecom names boosted; First Quantum bonds rise on debt plan
|
9/17/2015 | CVDD | Penn Virginia drops dividends on 6% convertible preferreds for Q3
|
9/4/2015 | BKCVDDEMHY | S&P global speculative-grade default rate increases to 2.33% in July
|
8/19/2015 | BKCVDDHY | S&P downgrades Penn Virginia
|
8/13/2015 | BKCVDDHY | Moody’s cuts Penn Virginia CFR to Caa1, notes to Caa2
|
8/10/2015 | CV | Market Commentary: Whiting Petroleum improves; Iconix 2.5% convertibles claw back; Impax slips; PTC to price
|
8/4/2015 | HY | Market Commentary: Penn Virginia slips, advisors hired; Linn drops on downgrade; Tronox weak ahead of numbers
|
8/4/2015 | DD | Market Commentary: Penn Virginia slips, advisors hired; Linn downgraded, bonds drop; Tronox weak ahead of numbers
|
7/15/2015 | CV | Market Commentary: Convertibles mostly flat in quiet trade; LinkedIn improves on upgrade; Micron in line
|
7/14/2015 | CV | Market Commentary: Micron higher outright on buyout rumor; SanDisk in focus; WPX Energy plans mandatory deal
|
6/25/2015 | PP | Market Commentary: New Impax expands on hedge; NorthStar on deck; Gogo, Penn Virginia up outright
|
6/25/2015 | CV | Market Commentary: New Impax expands on hedge; NorthStar on deck; Gogo, Penn Virginia up outright; Molycorp lower
|
5/28/2015 | BKCVHY | S&P lowers Penn Virginia, debt
|
5/12/2015 | BKBWHY | Penn Virginia grows production 16%, ends Q1 with $1.24 billion debt
|
5/11/2015 | BK | Penn Virginia cuts credit facility size, eases leverage covenant
|
4/15/2015 | PP | Market Commentary: Energy names jump with higher crude oil prices; Intel bonds mixed; Pernix to tap market
|
4/15/2015 | CV | Market Commentary: Energy names jump with higher crude oil prices; Intel bonds mixed; Pernix to tap market
|
12/18/2014 | HY | Market Commentary: Global Cash prices as junk rally accelerates; energy names bounce; funds lose $3.1 billion
|
12/17/2014 | CV | Market Commentary: Volcano jumps on Philips takeout; MGM Resorts trades with lower shares; Energy XXI bounces
|
12/15/2014 | CV | Market Commentary: American Realty lower; Isis Pharmaceuticals paper drops outright, ‘comes in’ on hedge
|
11/12/2014 | BK | Penn Virginia gets loan amendment to repurchase common stock
|
10/29/2014 | BK | Penn Virginia seeks loan amendment to repurchase common stock
|
8/5/2014 | CV | Market Commentary: Convertibles weaker; Cobalt ‘comes in’ on hedge after earnings miss; Endeavour lower
|
8/5/2014 | CV | Market Commentary: Morning Commentary: Endeavour lower after earnings; GT Advanced Technologies, Akorn shares gain
|
6/20/2014 | SP | New Issue: RBC prices $475,000 16% reverse convertibles linked to Penn Virginia
|
6/11/2014 | PP | Market Commentary: Penn Virginia gains; planned Exelon adds in gray market; secondary valuations ‘come in’
|
6/11/2014 | CV | Market Commentary: Penn Virginia gains; planned Exelon adds in gray market; secondary valuations ‘come in’
|
6/11/2014 | CV | Market Commentary: Morning Commentary: New Penn Virginia convertible preferreds gain; old Penn Virginia quiet
|
6/11/2014 | CV | New Issue: Penn Virginia prices upsized $275 million convertible preferreds to yield 6%, up 30%
|
6/10/2014 | PP | Market Commentary: Convertibles soft; Exelon, J2 Global, TCP, Penn Virginia to price; Endeavour gains
|
6/10/2014 | CV | Market Commentary: Convertibles soft; Exelon, J2 Global, TCP, Penn Virginia to price; Endeavour gains
|
6/10/2014 | CVLM | Penn Virginia negotiating conversion of 6% convertible preferreds
|
6/10/2014 | CV | Penn Virginia to sell $250 million convertible preferreds to yield 6%, up 30%, in overnight deal
|
6/3/2014 | BKHY | Penn Virginia ends Q1 with liquidity of $295 million, targeting 2.5 times leverage ratio
|
5/15/2014 | BK | Penn Virginia amends loan terms, boosting commitments to $450 million
|
5/13/2014 | BKCVHY | S&P upgrades Penn Virginia to B+
|
4/7/2014 | BKCVHYLM | Penn Virginia 'moving in the right direction,' plans acreage increase, says CEO
|
11/19/2013 | BKCVHYLM | Penn Virginia's $330 million of liquidity at quarter-end above target; leverage goal is 2.5 times
|
10/30/2013 | BK | Penn Virginia amends loan terms, boosting commitments to $400 million
|
6/3/2013 | BK | Penn Virginia increases credit facility by $75 million to $350 million
|
5/10/2013 | HYLM | Penn Virginia redeems remaining 10 3/8% notes following tender offer
|
4/24/2013 | HYLM | Penn Virginia gets tenders, consents for 58% of 10 3/8% notes due 2016
|
4/18/2013 | HYLM | Penn Virginia increases total payment in tender for 10 3/8% notes
|
4/15/2013 | HY | Market Commentary: Pinnacle Foods does downsized eight-year deal; Sprint swoons on acquisition offer from DISH
|
4/11/2013 | HYLM | Penn Virginia starts cash tender offer for $300 million 10 3/8% notes
|
4/10/2013 | HY | New Issue: Penn Virginia prices upsized $775 million 81/2% seven-year notes at par
|
4/10/2013 | HY | Market Commentary: Sabine megadeal, upsized Penn Virginia lead $3.6 billion primary, Penn Virginia pops
|
4/10/2013 | HY | Penn Virginia deal has 'flawed' covenants; covenant quality declines
|
4/9/2013 | HY | Penn Virginia talks $400 million seven-year notes at 81/2% area yield
|
4/9/2013 | HY | Market Commentary: Hecla prices, Rentech also; new bonds firm; Penn Virginia on tap; Penney gyrations continue
|
4/5/2013 | HY | Market Commentary: CrownRock prices to cap nearly $6 billion week, new bonds firm; market seen easier
|
4/4/2013 | HY | Market Commentary: American Builders Supply, Bonanza Creek price deals; CrownRock up next; funds gain $32 million
|
4/4/2013 | BKCVHY | Moody's lowers Penn Virginia
|
4/3/2013 | BK | Penn Virginia obtains up to $250 million of bridge loan commitments
|
4/3/2013 | BKCV | S&P: Penn Virginia notes B-
|
4/3/2013 | HY | Penn Virginia starts roadshow for $400 million seven-year notes
|
4/3/2013 | HY | Market Commentary: CNH brings upsized drive-by, bonds trade up; new Continental Resources is hot, DISH is not
|
2/26/2013 | CV | Market Commentary: CEDC collapses after exchange offer; Tyson flat to higher; planned Radian reprices, gains
|
1/30/2013 | BKCVHY | S&P revises three E&P companies
|
10/22/2012 | PP | Penn Virginia greenshoe exercised in $46 million public sale of stock
|
10/19/2012 | BKCVHY | S&P: Penn Virginia positive
|
10/17/2012 | PF | Penn Virginia greenshoe exercised, lifts preferreds to $115 million
|
10/15/2012 | CV | Correction: Penn Virginia 6% convertibles have co-managers Capital One Southcoast, Howard Weil
|
10/12/2012 | CV | New Issue: Penn Virginia sells upsized $100 million convertible preferred shares at 6%, up 20%
|
10/12/2012 | CV | Market Commentary: Stillwater Mining up despite lower shares; Penn Virginia slips; Alpha Natural tender flops
|
10/12/2012 | PP | Penn Virginia prices $140 million public sale of its stock, preferreds
|
10/9/2012 | BK | Penn Virginia to pay down revolver with common stock proceeds
|
10/9/2012 | CV | Penn Virginia plans $50 million convertible preferred shares to yield 5.5%-6%, up 20%-25%
|
10/9/2012 | CV | Market Commentary: Convertibles quiet; Cemex slips with stock; James River 4.5% adds; Penn Virginia to price
|
10/9/2012 | PP | Penn Virginia plans to price public stock sale with 30-day greenshoe
|
10/2/2012 | BK | Penn Virginia subsidiary gets new $300 million five-year revolver
|
9/25/2012 | HY | Market Commentary: Junk market ends with softer tone; ArcelorMittal brings new hybrid; commodity credits get cheap
|
8/17/2012 | CVHYPF | Penn Virginia files $250 million shelf for debt, stock and preferreds
|
5/30/2012 | BKCVHY | S&P revises Penn Virginia recovery to 4
|
3/27/2012 | BKCVHY | Moody's lowers Penn Virginia
|
3/14/2012 | HY | S&P lowers Penn Virginia
|
1/17/2012 | BK | Penn Virginia amends restated credit agreement for enhanced hedging
|
10/5/2011 | BKHY | Penn Virginia sees return to 2.5x leverage, says liquidity 'strong'
|
9/6/2011 | BKHY | Penn Virginia sees 'strong' liquidity improving, higher borrowing base
|
8/3/2011 | BK | Penn Virginia gets $300 million amended and restated revolver
|
7/18/2011 | BKCVHY | Penn Virginia sells assets to fund development, increase cash flow
|
4/13/2011 | BKCVHY | Penn Virginia: Debt to EBITDAX at 2.5 times following notes offering
|
4/13/2011 | CVLM | Penn Virginia accepts tenders for roughly 98% of 4.5% convertibles
|
4/6/2011 | CVLM | Penn Virginia amends, extends tender offer for its 4.5% convertibles
|
4/6/2011 | HY | Market Commentary: Oppenheimer, Navios deals price, trade up; International Wire pulled; market awaits AEP notes
|
4/5/2011 | BKCVHY | Moody's: Penn Virginia notes B2
|
4/5/2011 | HY | New Issue: Penn Virginia prices upsized $300 million eight-year notes at par to yield 71/4%
|
4/5/2011 | HY | Market Commentary: Penn Virginia, Sappi, Liz Claiborne price; SugarHouse slates; Chesapeake busy at lower levels
|
4/5/2011 | BKCVHY | S&P: Penn Virginia notes BB-
|
4/4/2011 | CVHYLM | Penn Virginia to amend 10 3/8% notes to allow 41/2% convertibles tender
|
4/4/2011 | HYLM | Penn Virginia amends 10 3/8% notes; 4.5% convertibles tender extended
|
3/24/2011 | HYLM | Penn Virginia starts consent solicitation for 10 3/8% notes to pave way for 4.5% convertibles offer
|
3/21/2011 | CVLM | Penn Virginia increases purchase price offered for 4.5% convertibles
|
3/8/2011 | CVHYPF | Penn Virginia files automatic shelf covering debt, stock, preferreds
|
3/8/2011 | CVLM | Penn Virginia starts tender offer for $230 million 4.5% convertibles
|
3/8/2011 | HYLM | Penn Virginia needs consents from holders of 10 3/8% notes due 2016
|
1/21/2011 | BKCVHY | S&P takes action on oil, gas companies
|
10/13/2010 | BKCVHY | Penn Virginia: Company unlikely to tap credit facility through 2011
|
8/25/2010 | BKBWCVHY | Penn Virginia COO: Company ready to drill after improving liquidity
|
4/12/2010 | BKBWHY | Penn Virginia says company successfully bolstered liquidity in 2009
|
11/20/2009 | BK | Penn Virginia gets $300 million revolving facility led by JPMorgan
|
11/4/2009 | BK | Penn Virginia wraps syndication of $300 million revolving facility
|
6/30/2009 | HY | Market Commentary: Bill Barrett, Royal Caribbean upsize and price, Targa, Digicel also sell; more deals Wednesday
|
6/22/2009 | HY | Market Commentary: XM Satellite, Oxford, Alliance One slate new deals; new Quicksilver holds gains, E*Trade also
|
6/15/2009 | HY | Market Commentary: Upsized CB Ellis deal prices; Cinemark, Limited Brands slate, Brands' existing notes mixed
|
6/11/2009 | HY | New Issue: Penn Virginia sells upsized $300 million 10 3/8% seven-year notes at 97.003 to yield 11%
|
6/11/2009 | HY | Market Commentary: Connacher prices five-years, Univision, Sealed Air slate deals; new issues firm; funds up 13th time, gain $567 million
|
6/9/2009 | HY | Penn Virginia talks $250 million seven-year notes at 11% to 111/4%
|
6/9/2009 | HY | Market Commentary: CMS prices 10-years; new Rite Aids move up; positive market tone, but Quiksilver clobbered
|
6/5/2009 | HY | Market Commentary: Re-tooled Western prices, Holly too; Thursday deals trade up; Michaels rises again, Cott adds
|
6/4/2009 | BKCV | S&P rates Penn Virginia BB-
|
6/4/2009 | BKCVHY | Moody's rates Penn Virginia notes B2
|
6/4/2009 | HY | S&P rates Penn Virginia notes BB-
|
6/3/2009 | BK | Penn Virginia amends loan to up permitted notes issue to $530 million
|
6/3/2009 | HY | Penn Virginia to start roadshow Thursday for $250 million offering of seven-year senior notes
|
6/3/2009 | HY | Market Commentary: Upsized Domtar, Valeant price deals, Valeant moves up; junk surge slows; Ford keeps firming
|
5/19/2009 | CV | Market Commentary: Convertibles drag in quiet trade; AngloGold edges up; new Covanta flat; Hertz, Saks to price
|
5/18/2009 | BK | Penn Virginia to pay down some revolver debt with proceeds from 3.5 million shares sale
|
5/1/2009 | BK | Penn Virginia anticipates paying down outstanding bank borrowings with free cash flow
|
3/31/2009 | BK | Penn Virginia revolver borrowing base changed to $450 million
|
2/12/2009 | CV | Market Commentary: Financials mostly steady as equities sink, then rally; Penn Virginia, energy names mostly weaker
|
7/30/2008 | CV | Market Commentary: PSS retreats, Affiliated Managers quiet on trading start; Wyeth finds support; Penn Virginia rallies with oil
|
7/7/2008 | CV | Market Commentary: Fannie Mae sinks on Lehman report; GM ends mixed; Chesapeake, Penn Virginia see interest
|
6/18/2008 | CV | Market Commentary: Fifth-Third deal looks pretty good; Financials mostly lower, KeyCorp down, but BofA better
|
6/17/2008 | HY | Penn Virginia to prepay senior unsecured notes due 2013
|
6/4/2008 | CV | Market Commentary: Pioneer Natural gains on investor switch; Lehman trades below par; Indevus slides
|
5/30/2008 | CV | Market Commentary: AIG gains on Morgan Stanley comments, other financials edge up; Transocean down; Penn Virginia jumps
|
12/5/2007 | CV | Penn Virginia exercises greenshoe, lifts 4.5% convertibles to $230 million
|
11/30/2007 | CV | Market Commentary: Countrywide, Fannie Mae, Standard Pacific up on subprime deal talk; tech concerns drag down Intel, AMD
|
11/30/2007 | CV | New Issue: Penn Virginia prices upsized $200 million 4.5% convertible senior notes due 2012, up 40%
|
11/29/2007 | CV | Penn Virginia prices upsized $200 million convertible notes at 4.5%, up 40%
|
11/27/2007 | CV | Penn Virginia launches $150 million convertible senior notes due 2012 talked at 4.5%-5% coupon, up 35%-40%
|
11/27/2007 | CV | Market Commentary: Countrywide little changed on Citigroup news; Comtech surges; EMC rebounds; Halliburton falls
|
6/18/2007 | CV | Penn Virginia files $700 million shelf
|