Sources Say ATP Oil & Gas Plans Bankruptcy Filing, Arranges $600 Million DIP Loan -Bloomberg
08/10/2012| 02:34pm US/Eastern
ATP Oil & Gas Corp. (>> ATP Oil & Gas Corporation) plans to file for bankruptcy, possibly as early as Friday, Bloomberg News reported, citing two people with direct knowledge of the matter.
The company has arranged a $600 million debtor-in-possession loan with Credit Suisse Group (>> Credit Suisse Group AG), the report said.
Full story at http://www.bloomberg.com/news/2012-08-10/atp-oil-said-to-get-funding-ahead-of-possible-bankruptcy.html
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