The following is a screencast breakout of the Energy XXI (EXXI) Senior Credit Facility -- the most senior position in the capital structure. We recommend using the Senior Credit Facility deck -- which will be broken out in the screencast below -- along with the 2020 Senior Secured Second Lien Notes deck and our "Stressed Equity Risk Management" roadmap deck. All are exclusive to Seeking Alpha.
Together, we believe Energy XXI investors -- across the capital structure -- will have a very solid foundational base for risk managing a position. We recommend investors pay particular attention to the cadence of the restructuring/destressing efforts as well as to the depth of the announced efforts, which we're certain will be coming over the next few quarters.
Senior Credit Facility deck presentations can be requested here.
Good luck and enjoy.
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