Ultra Petroleum Enters Into Waiver And Amendment Agreements With Certain Of Its Lenders
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S&P Downgrades Ultra Petroleum (UPL) to 'CC'' Following Move to Defer Debt Payment
March 3, 2016 2:02 PM ESTStandard & Poor's Ratings Services lowered the corporate credit rating on Ultra Petroleum Corp. (NYSE: UPL) to 'CC' from 'CCC-', given our view that a default, including a selective default, is almost certain. The outlook is negative.
Our issue-level ratings on the company structurally... More
Ultra Petroleum (UPL) Surges for Second Day Following Waiver and Amendments with Lenders
March 3, 2016 11:04 AM ESTAfter gaining 97% Wednesday, Ultra Petroleum (NYSE: UPL) is up another 53% today. Yesterday the company announced it entered into waiver... More
