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Energy firms find loans come at steep price

Moody's said current unsecured bondholders may find their claims subordinated to new creditors

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Energy companies that were all but shut out of debt markets by a 55 per cent drop in oil prices are starting to find investors willing to lend them money to keep drilling - albeit at a steep price.

New York

ENERGY companies that were all but shut out of debt markets by a 55 per cent drop in oil prices are starting to find investors willing to lend them money to keep drilling - albeit at a steep price.

Resolute Energy Corp, an oil explorer, struck a deal with Highbridge

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