Brief: Bonterra Energy Corp Announces Updates To Credit Facility And Provides Operational Update

Bonterra Energy

25/06/2021 12:10

June 25 (Reuters) - Bonterra Energy Corp  BNE.TO :
    * BONTERRA ENERGY CORP. ANNOUNCES UPDATES TO CREDIT FACILITY
AND
PROVIDES OPERATIONAL UPDATE
    * BONTERRA ENERGY - AGREED WITH LENDERS TO A BORROWING BASE
UNDER
FACILITY OF $265 MILLION
    * BONTERRA ENERGY CORP - FACILITY REVOLVES TO DECEMBER 31,
2021,
WITH A MATURITY DATE OF MAY 31, 2022
    * BONTERRA ENERGY - ANTICIPATES A FURTHER REDUCTION TO
NON-REVOLVING TERM LOAN PORTION OF FACILITY OF UP TO $30 MILLION
    * BONTERRA ENERGY CORP - AIMS TO MOVE ALL BANK DEBT TO A
FULLY
CONFORMING REVOLVING CREDIT FACILITY

Source text for Eikon:  ID:nCNWj43yFa 
Further company coverage:  BNE.TO 

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