As previously disclosed, Sundance Energy Inc. (the “Company” entered into limited waivers with respect to certain defaults and events of default arising under both its senior secured revolving credit facility and its second lien term loan facility (“Term Loan”. Also as previously disclosed, in consideration for the waiver with respect to the Term Loan, the Company agreed to amend certain covenants in the Term Loan, as to be mutually agreed with the Term Loan lenders within 15 days from the execution date of the limited waiver, or May 30, 2020. On May 29, 2020, the Company and the Term Loan lenders agreed to extend the due date for the amendment from May 30, 2020 to June 8, 2020. Failure to enter such amendment by June 8, 2020 will constitute an event of default under the Term Loan, unless the Company and the lenders mutually agree to a later date in writing.
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16.5¢ Sentiment: Buy Disclosure: Held
entered into limited waivers with respect to certain defaults and events of default arising under both its senior secured revolving credit facility and its second lien term loan facility (“Term Loan”
