HOUSTON, March 14, 2018 (GLOBE NEWSWIRE) — EV Energy Partners, L.P. (NASDAQ:EVEP) and its subsidiaries (collectively, EVEP or the Company) today announced that the Company entered into a restructuring support agreement (RSA) with certain holders of approximately 70% of its 8.0% senior notes due 2019 (the Senior Notes) and lenders holding approximately 94% of the principal amount outstanding under the Companys reserve-based lending facility on March 13, 2018. The RSA was also signed by EnerVest, Ltd. (EnerVest) and EnerVest Operating, L.L.C. (EnerVest Operating) as they will continue to provide services to the Company.
The RSA contemplates a comprehensive restructuring of the Companys capital structure, to be implemented through a …
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