Brief: Bengal Energy Announces Credit Facility Amendment And Principal Deferral

Bengal Energy

22/03/2018 12:40

March 22 (Reuters) - Bengal Energy Ltd  BNG.TO :
    * BENGAL ENERGY ANNOUNCES CREDIT FACILITY AMENDMENT AND
PRINCIPAL
DEFERRAL
    * BENGAL ENERGY LTD - ‍CREDIT FACILITY CONTINUES TO HAVE AN
EXPIRY
DATE OF DECEMBER 31, 2019​
    * BENGAL ENERGY LTD - ‍FACILITY PROVIDES A BORROWING BASE OF
$12.5
MILLION, OF WHICH FULL AMOUNT IS CURRENTLY DRAWN​
    * BENGAL ENERGY LTD - ‍BENGAL WILL INITIATE A PROGRAM TO
HEDGE
ABOUT 15,000 BARRELS OF CRUDE OIL FROM JANUARY 2019 TO MARCH
2019​

Source text for Eikon:  ID:nGNX93gb3K 
Further company coverage:  BNG.TO 

 (Reuters.Briefs@thomsonreuters.com)