DALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE: XCO.BC) (OTC Pink: XCOO) (“EXCO” or the
“Company”) today announced that in order to facilitate a restructuring
of its balance sheet, the Company and certain of its subsidiaries have
filed voluntary petitions for a court-supervised reorganization under
Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy
Court for the Southern District of Texas (the Court). EXCO intends to
operate in the ordinary course of business during the restructuring
process.
EXCO continues to engage in constructive discussions with its creditor
constituencies regarding the terms of a financial restructur…
Read the full article at: https://www.businesswire.com/news/home/20180115005695/en/EXCO-Resources-Files-Voluntary-Petitions-Chapter-11