Gulfport Energy Misses Debt Payment, in “Restructuring” Talks

Gulfport stock last 6 months (click for larger version)

According to paperwork filed by Gulfport Energy last Friday with the Securities and Exchange Commission (SEC), the company skipped making a scheduled interest payment on its 6% senior unsecured notes due 2024. Which means the clock starts ticking (for 30 days) in which the company either must make that payment, or get an agreement in place with creditors (or file for Chapter 11 bankruptcy).

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