Samson Resources Co. - 2015-06-10
Description
Cerberus Capital Management LP led lenders seeking control of Samson, owned by KKR & Co., in a restructuring. Cerberus and other holders of a $1 billion second-lien term loan due September 2018 could convert holdings to equity and raise capital through a rights offering. Bondholders led by Blackstone’s GSO Capital Partners.