EP Energy Corporation, along with its affiliates, filed a joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on November 18, 2019. As per the plan filed, Administrative Expense Claims, professional fee claims, priority tax claims, other priority claims and other secured claims will be paid in full in cash. Each holder of DIP facility claims and RBL claims of $629.4 million will receive first-out revolving loans or revolving commitments from exit credit facility. Holders of RBL Claims. 1.125L Notes Claims of $1 billion and 1.25L Notes claims of $500 million will be reinstated. Holders of 1.5L Notes Claims will receive their pro rate share of 99% of the new common shares and holders of unsecured claims will receive their pro rate share of 1% of the new common shares. 10% of the Convenience claims will be paid through cash. All intercompany claims will be reinstated, all subordinated claims will be cancelled, holders of Existing Parent Equity Interests will receive their pro rata share of $0.5 million in cash, other equity interests and intercompany interests will be cancelled. The plan will be funded through cash in hand, Rights offering of $475 million, Private placement of new common shares up to $75 million and exit credit facility of $629 million.