Junior, senior bondholder groups vie for shrinking amount of equity and debt at the oil-and-gas driller
Oil-and-gas driller EP Energy Corp. is in talks with two rival investor groups on restructuring billions of debt in bankruptcy, according to people familiar with the matter.
On one side is EP Energy’s private-equity owner Apollo Global Management LLC, which is allied with a junior bondholder group that also includes hedge fund Elliott Management Corp.
Our Intelligence. Your Advantage.
Sign in or subscribe for access to peerless insight & analysis,
curated data & interactives, and networking events.