PetroQuest Energy (PQ) Enters Amended Support Agreements Related to Private Exchange Offers
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PetroQuest Energy Announces Amendment To Support Agreements And Waiver Of Minimum Condition Allowing Existing Tenders To Be Sufficient To Consummate Exchange Offers
September 13, 2016 7:30 AM EDTLAFAYETTE, La., Sept. 13, 2016 /PRNewswire/ --Â PetroQuest Energy, Inc. (NYSE: PQ) announced today that it has entered into an amendment to the support agreements (the "Support Agreements") in favor of its previously announced private exchange offers (the "Exchange Offers") and consent solicitation (the "Consent Solicitation") to Eligible Holders (as defined below) of its outstanding 10% Senior Notes due 2017 (CUSIP No. 716748 AA6) (the "2017 Notes") and its outstanding 10% Second Lien Senior Secured Notes due 2021 (CUSIP 716748 AE8 / U7167U AB0) (the "2021 Notes" and together with the 2017 Notes, the "Old Notes") for up to (i) $280.295... More