Yes is could be a brace yourself scenario with the E&Ps & Banks. Don't want a domino effect. Some real interesting moves going on recently with some bond issues .... stuff like "coercive conversion below par" clauses.
Even the RBL BB have some interesting variants ... like the 80% PDP max in MOB for SSN (doesn't mean that will go that high but they can within the standard terms of the facility).
LNR Bonds are issued via their USA subsidiary Lonestar Resources America. Moodys rated them pretty low Moodys-LNR-Note
Bond is quoted as LNRAU with IBCID148215590. The ask was $76.72. Note pays 8.75% coupon maturing April 15, 2019
Regards
SSN Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held