BRIEF-Pacific announces support agreement with certain of its noteholders,lenders,catalyst capital

jueves 21 de abril de 2016 02:10 GYT

April 21 (Reuters) - Pacific Exploration and Production Corporation

* Pacific announces support agreement with certain of its noteholders, lenders and catalyst capital in connection with its previously announced comprehensive restructuring and procedure to obtain supporting noteholder consideration

* Supporting creditors have agreed to support and vote in favour of restructuring transaction

* Operations of company's subsidiaries will continue as normal and without disruption

* Restructuring transaction is expected to be consummated by end of Q3 of 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom)