Warren Resources defers $7.5 million interest payment due Monday
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S&P Downgrades Warren Resources (WRES) to 'D' Amid Missed Interest Payment
February 1, 2016 3:05 PM ESTStandard & Poor's Ratings Services lowered its corporate credit on oil and gas exploration and production company Warren Resources Inc. (Nasdaq: WRES) to 'D' from 'SD' (selective default). The issue-level rating on the company's unsecured debt remains 'D'. The recovery rating remains '6', indicating our... More
