Brief: Pieridae Announces Successful Refinancing, Addition Of Commodity Hedges, Issue Of Warrants
15/06/2023 17:23
June 15 (Reuters) - Pieridae Energy Ltd PEA.TO :
* PIERIDAE ANNOUNCES SUCCESSFUL REFINANCING, LOWER COST OF
DEBT,
ADDITION OF COMMODITY HEDGES AND ISSUE OF WARRANTS
* PIERIDAE ENERGY LTD- NEW CREDIT FACILITIES WITH PRUDENTIAL
PRIVATE CAPITAL AND VOYA INVESTMENT MANAGEMENT TOTALING USD $150
MILLION
* PIERIDAE ENERGY LTD- PEL HAS ALSO SECURED A CAD $20
MILLION
SENIOR SECURED 18-MONTH TERM LOAN FROM THIRD EYE CAPITAL
CORPORATION
Source text for Eikon: ID:nGNX6HKvfz
Further company coverage: PEA.TO
((Reuters.Briefs@thomsonreuters.com;))