Battalion Oil Corporation

Battalion Oil Corporation - Private Placement

Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

In March 2023, the Battalion Oil Corporation issued 25,000 shares of redeemable convertible preferred stock to certain of its existing equity shareholders and received approximately $24.4 million in net proceeds to improve liquidity and address concerns around covenant compliance.

show more
Deal Volume
$24.38m
Financial Close
28/03/2023
Dealmakers
Sources
Submitted by participant(s),

Did you work on this deal?

This deal page needs more information from those involved.

Tag yourself TAG A COLLEAGUE SUGGEST AN EDIT

Tranches

To view all tranche and pricing information, login or upgrade to a subscription here

Project Deals

Battalion Oil Asset Portfolio
$24.38m
Greenfield
Oil - Upstream (Exploration and production)
North America
North America
United States