Brief: Civeo Corporation Announces Amendment And Eighteen Month Extension To Its Credit Agreement

Civeo

08/09/2020 22:49

Civeo Corp  CVEO.N :
    * CIVEO CORPORATION ANNOUNCES AMENDMENT AND EIGHTEEN MONTH
EXTENSION TO ITS CREDIT AGREEMENT
    * CIVEO CORP -  AMENDED CREDIT AGREEMENT EXTENDS MATURITY
DATE OF
REVOLVING CREDIT FACILITIES AND TERM LOAN BY 18 MONTHS TO MAY
30, 2023
    * CIVEO CORP -  AMENDED CREDIT AGREEMENT MAINTAINS PREVIOUS
COVENANT LEVELS AND AMORTIZATION PAYMENT SCHEDULES
    * CIVEO CORP -  AMENDED CREDIT AGREEMENT DECREASES TOTAL
REVOLVING
COMMITMENT TO $167.3 MILLION

Source text for Eikon:  ID:nBw2czjcYa 
Further company coverage:  CVEO.N