Prospect News: News for Basic Energy Services Inc.

E-mail us: service@prospectnews.com Or call: 212 374 2800

Bank Loans - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products

Add to balance / Manage account

Not logged in

Prospect News home > Main news index > All issuers starting with B > Issuers starting with B, DD only > All stories on Basic Energy Services Inc. > Stories on Basic Energy Services Inc., DD only

Search again

Enter part or all of the issuer name:

Market:

All markets No structured products Bank loans Canadian bonds CLOs Convertibles Distressed debt Emerging markets High yield Investment grade Liability management Municipals PIPEs Preferreds Private placements All leveraged markets Structured products

Market: BK = Bank loans, CV = Convertibles, DD = Distressed Debt, EM = Emerging Markets, HY = High Yield, IG = Investment Grade, LM = Liability Management, MU = Municipals, PP = PIPEs, PF = Preferreds, PV = Private Placements, SP = Structured Products
Recent items, highlighted in orange, are $4.00 each. All others are $1.00 each. Headlines in gray are not currently covered by your subscription.

Basic Energy Services Inc.

8/29/2022	DD	Basic Energy’s Chapter 11 plan of liquidation effective as of Aug. 26
8/9/2022	DD	Basic Energy wins confirmation of Chapter 11 plan of liquidation
8/3/2022	DD	Basic Energy’s plan of liquidation draws objection from U.S. trustee
6/28/2022	DD	Basic Energy statement conditionally OK’d; plan hearing Aug. 9
6/27/2022	DD	Basic Energy files Chapter 11 liquidation plan, disclosure statement
5/3/2022	DD	Basic Energy reports $2.93 million operating loss for March
4/27/2022	DD	Basic Energy reschedules hearing to terminate surety bonds
4/11/2022	DD	Basic Energy hearing on possible case conversion, dismissal reset
3/24/2022	DD	Basic Energy reports $5.44 million operating loss for February
2/22/2022	DD	Basic Energy reports $1.81 million operating loss for January
2/4/2022	DD	Basic Energy noteholder group says case shouldn’t be converted
2/3/2022	DD	Basic Energy, trustee in ‘good faith discussions’ on case progress
1/7/2022	DD	Basic Energy: U.S. trustee says case should be converted or dismissed
12/20/2021	DD	Basic Energy seeks court approval to sell properties for $5.3 million
12/16/2021	DD	Basic Energy seeks exclusivity extension to implement settlement
11/8/2021	DD	Basic Energy receives bankruptcy court approval of global settlement
11/5/2021	DD	Basic Energy’s proposed settlement draws objection from U.S. trustee
11/1/2021	DD	Basic Energy seeks bankruptcy court approval of global settlement
10/4/2021	DD	Basic Energy closes assets sales with buyers Select Energy, Ranger
9/23/2021	DD	Basic Energy Services gets bankruptcy court approval of asset sales
9/16/2021	DD	Basic Energy Services announces winning bidders for most assets
9/15/2021	DD	Basic Energy receives final approval of $35 million DIP financing
8/30/2021	DD	Basic Energy seeks court approval of key employee bonus programs
8/27/2021	DD	Basic Energy official committee of unsecured creditors appointed
8/25/2021	DD	Basic Energy receives court approval of bid procedures for assets
8/20/2021	BKCVDDEMHY	Prospect News reports two new defaults for Aug. 12-Aug. 18 period
8/17/2021	BKDDHY	Basic Energy files bankruptcy for second time, plans to sell assets
5/20/2021	BKDDHY	Moody's cuts Basic Energy
5/17/2021	BKDDHY	Basic Energy notes grace period, loan forbearance extended to May 23
4/23/2021	BKCVDDEMHY	Prospect News reports two new defaults for April 15-April 21 period
4/16/2021	BKDDHY	S&P lowers Basic Energy
4/15/2021	BKDDHY	Basic Energy enters grace period for notes, forbearance for revolver
12/21/2020	BKDDHY	S&P ups Basic Energy
11/20/2020	DDHYLM	Basic Energy extends offer to swap 10ľ% notes for 11% notes due 2025
11/10/2020	BKDDHY	Moody’s cuts Basic Energy
11/9/2020	BKDDHY	S&P lowers Basic Energy
11/5/2020	DDHYLM	Basic Energy offers to swap 10ľ% notes due 2023 for 11% notes due 2025
3/10/2020	BKDDHY	Moody’s changes Basic Energy view
3/10/2020	BKDDHY	S&P affirms Basic Energy
1/31/2020	BKDDHY	S&P trims Basic Energy Services
8/13/2019	BKDDHY	Moody’s cuts Basic Energy’s notes
9/26/2018	BKCVDDEMIGPV	Market Commentary: Altra, Ascent price; Vine, Resideo on tap; Basic Energy up; Chesapeake Energy lags
9/25/2018	BKCVDDEMIGPV	Market Commentary: Chesapeake Energy, Basic Energy price; Altra on tap; Tallgrass hovers at par; Refinitiv active
12/28/2016	BKDD	Basic Energy closes on $239.18 million in Chapter 11 exit facilities
12/23/2016	DD	Basic Energy emerges from bankruptcy with $125 million in new capital
12/15/2016	DD	Basic Energy new convertible noteholders exercise conversion option
12/9/2016	DD	Basic Energy Services pre-packaged plan of reorganization confirmed
11/17/2016	BKDD	Basic Energy Services granted final approval of $90 million DIP loan
10/28/2016	BKCVDDEMHY	Prospect News reports four new defaults for week of Oct. 20-Oct. 26
10/26/2016	DD	Basic Energy interim DIP loan OK’d; plan hearing scheduled for Dec. 9
10/25/2016	BKDDHY	Moody’s cuts Basic Energy PDR on bankruptcy
10/25/2016	BKDDHY	Basic Energy Services files bankruptcy to implement pre-packaged plan
10/24/2016	DD	Market Commentary: Peabody stays strong on heavy volume trading; Basic nearly unchanged despite Chapter 11 filing; Linn gains
10/24/2016	BKDDHY	Basic Energy to file for Chapter 11, seeks consents to implement plan
10/21/2016	BKCVDDEMHY	Prospect News reports six new defaults for Oct. 13-Oct. 19; S&P three
10/18/2016	BKDD	Basic Energy gets seven-day extension of temporary ABL revolver waiver
10/17/2016	BKDDHY	Basic Energy misses 2022 notes payment, makes progress with creditors
10/4/2016	BKCVDDEMHY	S&P global speculative-grade default rate increases to 4.04% in August
9/29/2016	BKDDHY	Basic Energy extends forbearance on 7ľ% notes, loans through Oct. 16
9/23/2016	BKCVDDEMHY	Prospect News reports two new defaults for Sept. 16-Sept. 21, S&P five
9/16/2016	BKDD	S&P downgrades Basic Energy, debt to D
9/16/2016	BKDD	Moody’s lowers Basic Energy to Ca
9/14/2016	BKDDHY	Basic Energy will not make notes payment when grace period expires
9/7/2016	BKDD	Basic Energy inks two waiver and consent agreements with term lenders
8/19/2016	BKCVDDEMHY	Prospect News reports three new defaults for Aug. 11-Aug. 17, S&P two
8/16/2016	BKDDHY	Basic Energy to use interest payment grace period under 7ľ% notes
7/29/2016	BKDD	Basic Energy Services seeks more time to meet conditions for loan draw
7/25/2016	BKDDHY	S&P cuts Basic Energy Services
7/22/2016	BKBWDDHY	Basic Energy mulls options to improve capital structure, ends Q2 with $138.4 million liquidity
6/10/2016	DD	Market Commentary: Distressed debt activity wanes as market trades off; oil and gas bonds end mixed; AK Steel ends soft
5/27/2016	DD	Market Commentary: Energy names firm despite oil price retreat; steel issues gain as feds slam Chinese competitors
3/24/2016	BKDDHY	S&P lowers Basic Energy, rates new loan B
3/10/2016	BKDDHY	Moody’s drops Basic Energy, notes
2/19/2016	DD	Market Commentary: Distressed bonds pare week’s gains; Whiting down as drill plan nixed; Denbury mixed; Basic Energy up
9/11/2015	DD	Market Commentary: Oil and gas bonds decline as crude prices drop; AK Steel falls on cheap steel imports problem
9/10/2015	BKCVDDEMIGPV	Market Commentary: Frontier moves up timing, Lyon sells small deal; XPO falls on Con-Way bid; Basic Energy declines
9/10/2015	DD	Market Commentary: Avon looking to sell equity; Quiksilver bonds jump on filing news; Basic Energy debt declines
9/4/2015	BKDDHY	Moody’s cuts Basic Energy, notes
7/6/2009	BKDD	Basic Energy warns of possible non-compliance with loan covenants

©2026 Prospect News. This page is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies, faxing, photocopying or any other form of reproduction.