18 May 2016capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q3 FY2016 financial statements required under its senior notes indentures.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Mar 2016capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q2 FY2016 financial statements required under its senior notes indentures.
19 Nov 2015capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q1 FY2016 financial statements required under its senior notes indentures.
21 Oct 2015capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine FY2015 annual financial statements required under its senior notes indentures.
21 May 2015capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q3 FY2015 financial statements, with total outstanding notes now spanning five series worth $3.6 billion face value.
12 Feb 2015capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q2 FY2015 financial statements required under its senior notes indentures.
14 Nov 2014capital raising announcement● Neutral
Energy XXI (now renamed Energy XXI Ltd) filed its Gulf Coast subsidiary's routine Q1 FY2015 financial statements, now signed by new CFO Bruce Busmire in place of longtime CFO David West Griffin.
3 Sept 2014capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine FY2014 annual financial statements, by now covering four outstanding series of senior unsecured notes (2017, 2019, 2021 and 2024) totaling $2.15 billion face value, required under the notes' indentures.
8 May 2014capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q3 FY2014 financial statements required under its senior notes indentures.
25 Feb 2014capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q2 FY2014 financial statements required under its senior notes indentures.
22 Nov 2013capital raising announcement▲ GoodMajor
Energy XXI raised $400 million (after an over-allotment exercise) through 3.0% convertible senior notes due 2018 - its cheapest financing yet, netting about $390.7 million.
19 Nov 2013capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q1 FY2014 financial statements required under its senior notes indentures.
27 Aug 2013capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine FY2013 annual financial statements required under its senior notes indentures.
28 May 2013capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q3 FY2013 financial statements required under its senior notes indentures.
12 Feb 2013capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q2 FY2013 financial statements required under its senior notes indentures.
15 Nov 2012capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q1 FY2013 financial statements required under its senior notes indentures.
29 Aug 2012capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine FY2012 annual financial statements required under its senior notes indentures.
15 May 2012capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q3 FY2012 financial statements required under its senior notes indentures.
9 Mar 2012capital raising announcement▲ Good
Energy XXI exchanged a further 29,692 shares of 5.625% preferred stock for about 292,000 common shares.
24 Feb 2012capital raising announcement▲ Good
Energy XXI exchanged another 104,288 shares of 5.625% preferred stock for about 1.03 million common shares, continuing the conversion program.
22 Feb 2012capital raising announcement▲ Good
Energy XXI exchanged 101,800 shares of its 5.625% preferred stock for about 1 million common shares plus accrued dividends and an inducement premium, continuing to whittle down its preferred stock balance.
15 Feb 2012capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q2 FY2012 financial statements required under its senior notes indentures.
16 Nov 2011capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q1 FY2012 financial statements required under its senior notes indentures.
1 Sept 2011capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine FY2011 annual financial statements required under its senior notes indenture.
19 May 2011capital raising announcement▲ Good
Energy XXI continued converting preferred stock into common, exchanging 20,000 shares of 5.625% preferred and 88,500 shares of 7.25% preferred for a combined roughly 1.04 million common shares.
2 May 2011capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q3 FY2011 financial statements required under its senior notes indenture.
9 Feb 2011capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q2 FY2011 financial statements required under its senior notes indenture.
18 Nov 2010capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q1 FY2011 financial statements required under its senior notes indenture.
8 Nov 2010capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine FY2010 annual financial statements required under its senior notes indenture.
27 Oct 2010capital raising announcement▲ GoodMajor
Energy XXI launched another round of equity raises - 9.5 million common shares plus $200 million of new convertible preferred stock - earmarked to buy back $119 million of its expensive 16% Second Lien Notes and repay $91.5 million of revolver debt, continuing to unwind the costly 2009 crisis-era financing.