Attached files
| file | filename |
|---|---|
| EX-99.2 - EXHIBIT 99.2 - Bonanza Creek Energy, Inc. | dp72669_ex9902.htm |
| EX-10.1 - EXHIBIT 10.1 - Bonanza Creek Energy, Inc. | dp72669_ex1001.htm |
| 8-K - FORM 8-K - Bonanza Creek Energy, Inc. | dp72669_8k.htm |
Exhibit 99.1
Summary of Ad Hoc Equity Committee Proposal
| Noteholder Proposal | Equity Group Proposal | |
| Equity Allocation | Notes: 95.5% Equity: 4.5% |
Notes: 80% Equity: 20% |
| Warrants | Pro-rata share to acquire 7.5% of equity at $1.45bn equity value; 3 year duration | 25% of warrants at par plus accrued of notes; 5 year duration |
| Rights Offering | Size: $200mm Split: fully backstopped by Notes UOP: general corporate / allowed administrative expense |
Size: $300mm Split: $200mm for Notes / $100mm for Equity; proportional share of backstop fee UOP: general corporate / allowed administrative expense / other GUCs in cash |