Warren Resources Inc. - 2015-10-22

Closed a private second-lien loan transaction that provided about $11 million of capital and about $40.1 million in second-lien term loans. About $63.1 million unsecured notes were exchanged. Also issued 4 million common shares to the exchanging noteholders. New loan has a five-year term The first-lien facility was also amended. Jefferies LLC was the financial adviser for these transactions.