California Resources in talks for up to $600 million bankruptcy loan - WSJ
May 13, 2020 at 15:44 PM EDT
California Resources Corp is in talks with lenders for a financing package of up to $600 million to carry the oil and gas company through a planned bankruptcy proceeding, the Wall Street Journal reported https://www.wsj.com/articles/california-resources-in-talks-for-up-to-600-million-bankruptcy-loan-11589396313?mod=searchresults&page=1&pos=1 on Wednesday, citing people familiar with the matter.
