Thursday, December 22, 2011

Dune Energy Completes Financial Restructuring by Closing Exchange Offer and New Bank Credit Facility

HOUSTON, Dec. 22, 2011 /PRNewswire/ -- Dune Energy, Inc. (OTCBB:DUNR) ("Dune") announced today that it has completed its financial restructuring, including the consummation of the purchase of $297,012,000 in aggregate principal amount of its 10.5% Senior Secured Notes due 2012 (CUSIP NO. 265338 AC 7), in exchange for: shares of its newly issued common stock and shares of a new series of preferred stock that have been converted into common stock, which in the aggregate constitute approximately ...continued
 

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