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BRIEF-EIG proposes restructuring of Pacific Exploration & Production Corp

Published 2016-01-14, 12:06 a/m
© Reuters.  BRIEF-EIG proposes restructuring of Pacific Exploration & Production Corp

Jan 14 (Reuters)
* EIG PACIFIC HOLDINGS SAYS EIG COMMITTED TO INVESTING IN PACIFIC E&P
TO MAINTAIN OPERATIONS AND POSITION FOR GROWTH
* EIG proposes restructuring of pacific exploration & production corp.
* EIG pacific holdings ltd says announces tender offers for any and all of
$4.10 billion of pacific E&P senior notes
* EIG pacific holdings - EIG believes pacific E&P faces "overwhelming
financial challenges that threaten its ability to operate as a going concern"
* EIG pacific holdings - harbour energy, managed by EIG global energy
partners, believes pacific E&P faces "significant near-term insolvency
concerns"
* Source text for Eikon
*

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