ATP Oil & Gas Corp. (ATPG) plans to file for bankruptcy, possibly as early as Friday, Bloomberg News reported, citing two people with direct knowledge of the matter.

The company has arranged a $600 million debtor-in-possession loan with Credit Suisse Group (CS), the report said.

Full story at http://www.bloomberg.com/news/2012-08-10/atp-oil-said-to-get-funding-ahead-of-possible-bankruptcy.html

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