S&P Downgrades Triangle Petroleum (TPLM) to 'D' Following Noteholder Agreement
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Wall St set for higher open after retail earnings; Moderna soars
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Target raises full-year sales forecast amid ongoing turnaround drive
- Tech selloff weighs down Wall Street as bond yields climb
- Marvell issues Google warrant tied to custom chip deal
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Francisco Partners to acquire Weave Communications for $650M
Triangle Petroleum (TPLM) Probability of Default Rating Cut to 'D-PD' by Moody's; Outlook is Negative
July 1, 2016 12:03 PM EDTMoody's Investors Service, ("Moody's") downgraded Triangle USA Petroleum Corporation's (NYSE: TPLM)(TUSA) Probability of Default Rating (PDR) to D-PD from Caa2-PD, following the company's announcement that it has filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Concurrently, Moody's... More
Triangle Petroleum (TPLM) Says it Does Not Guarantee TUSA's Funded Indebtedness
June 30, 2016 7:54 AM EDTTriangle Petroleum Corporation (NYSE: TPLM) today provided an update on its evaluation of strategic alternatives and announced other corporate matters in conjunction with the filing by its wholly-owned subsidiaries, Triangle USA Petroleum Corporation ("TUSA") and Ranger Fabrication, LLC, and their respective subsidiaries, of voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to implement the terms of a Plan Support Agreement ("PSA") that will facilitate the restructuring of TUSA's balance sheet.
Triangle Petroleum Corporation does not guarantee... More
Triangle USA Petroleum Corporation Files Voluntary Petitions for Relief Under Chapter 11 (TPLM)
June 30, 2016 7:53 AM EDTTriangle USA Petroleum Corporation ("TUSA") and its affiliates today filed voluntary petitions for relief under Chapter 11 of the United States BankruptcyCode in the United States Bankruptcy Court for the District of Delaware to implement the terms of a Plan Support Agreement ("PSA") that will facilitate the restructuring of its balance sheet.
TUSA is a wholly-owned subsidiary of Triangle Petroleum Corporation (NYSE MKT: TPLM, or "TPC"). Neither TPLM nor its affiliated company, RockPile Energy Services, LLC, is included in TUSA's Chapter 11 filing. Ranger Fabrication, LLC, a minor, wholly-owned subsidiary of TPLM that ceased operating earlier this year, has filed for... More
