Each one in plain English, with the numbers worked through for a shareholder.
14 Feb 2018substantial holder notice● Neutral
ANCHORAGE CAPITAL GROUP, L.L.C, ANCHORAGE ADVISORS MANAGEMENT, L.L.C, KEVIN M. ULRICH reported a BAYTEX ENERGY USA, INC. shareholding of 639,711 shares (4.30% of votes) in a periodic institutional filing.
EIG Management Company, LLC, Raptor Energy GP, LLC, EIG Asset Management, LLC, EIG Global Energy Partners, LLC, The R. Blair Thomas, R. Blair Thomas, The Randall Wade, The Kristina Wade, Randall S. Wade reported no remaining BAYTEX ENERGY USA, INC. shareholding in its periodic institutional filing.
Mangrove Partners Master Fund, Ltd, The Mangrove Partners Fund, L.P, Mangrove Partners, Mangrove Capital, Nathaniel August reported a BAYTEX ENERGY USA, INC. shareholding of 1,437,243 shares (9.60% of votes) in a periodic institutional filing.
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Spectrum Investors LLC, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a BAYTEX ENERGY USA, INC. shareholding of 607,554 shares (4.05% of votes) in a periodic institutional filing.
Mangrove Partners Master Fund, Ltd, The Mangrove Partners Fund, L.P, Mangrove Partners, Mangrove Capital, Nathaniel August reported a BAYTEX ENERGY USA, INC. shareholding of 1,410,777 shares (9.40% of votes) in a periodic institutional filing.
On June 27, 2017 the company amended its credit agreement with Wells Fargo as agent, raising the borrowing base from $128 million to $200 million in the scheduled semi-annual review. The next redetermination is scheduled for October 2017. This is the post-bankruptcy revolver, dated September 12, 2016, and the borrowing base had been $128 million, the figure expected under the plan.
BAYTEX ENERGY USA, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
Par-Four Investment Management, LLC, Robert B. Burke, Sunrise Partners Limited Partnership, Paloma International, L.P, Paloma Partners Management Company, Paloma Partners Advisors LP, Paloma Partners Advisors, Inc, Gregory Hayt, S. Donald Sussman disclosed a new substantial BAYTEX ENERGY USA, INC. shareholding (5.90% of votes).