EPE Debt Capacity Refresher - Debtwire

EPE Debt Capacity Refresher

01 July 2022 - 06:13 am UTC

EP Energy (EPE), an Apollo-owned E&P company, recently garnered attention from market participants interested in understanding the amount of additional secured debt the company is allowed to incur as well as where within the company’s capital structure such additional debt may sit. In response to these inquiries, Xtract Research undertook a review of EPE’s financial documents and uncovered that the company maintains significant optionality to prime, dilute or layer existing secured notes, including the ability to dilute its 1.5 lien notes. 

 

CLICK HERE to view the special report.