Lightstream Confirms Debt Swap Proposal to Bolster FinancesBy
Noteholders would see debt converted into equity stakes
Oil producer still working on credit revolver, sale of notes
Lightstream Resources Ltd. said Thursday it reached definitive terms for a rescue plan that swaps debt for equity in the Canadian energy company.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.