Emerges from Chapter 11 Well-Positioned for Long-Term Success
Moves Forward as Stronger Business With Significant Financial Flexibility
PLANO, Texas, Sept. 18, 2020 (GLOBE NEWSWIRE) — Denbury Inc. (NYSE: DEN) (Denbury or the Company) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11. Denburys common stock is expected to commence trading on the New York Stock Exchange under the ticker symbol DEN at market open Monday, September 21, 2020.
Consistent with the previously announced Restructuring Support Agreement and the Companys pre-packaged plan, Denbury has restructured its balance sheet and eliminated $2.1 billion of bond debt…
Read the full article at: https://www.globenewswire.com/news-release/2020/09/18/2096000/0/en/Denbury-Successfully-Completes-Financial-Restructuring.html