Brief: Battalion Oil Announces Agreement With Bank Of Montreal To Amend Revolving Credit Facility
06/05/2020 22:52
May 6 (Reuters) - Battalion Oil Corp BATL.A :
* BATTALION OIL CORP - ENTERED INTO AN AGREEMENT WITH BANK
OF
MONTREAL TO AMEND ITS REVOLVING CREDIT FACILITY
* BATTALION OIL - AMENDED REVOLVING CREDIT FACILITY TO,
AMONG
OTHER THINGS, REDUCE COMPANY'S BORROWING BASE TO $200 MILLION
EFFECTIVE APRIL 30, 2020
* BATTALION OIL - AMENDED REVOLVING CREDIT FACILITY TO,
FURTHER
REDUCE BORROWING BASE BY $5 MILLION EACH MONTH FROM SEPTEMBER 1,
2020 UNTIL NOVEMBER 1, 2020
Source text for Eikon: ID:nGNX5x2XkJ
Further company coverage: BATL.A
((Reuters.Briefs@thomsonreuters.com;))
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