Brief: CorEnergy Provides Update On Asset Sales

Corenergy Infrastructure Trust

22/03/2023 11:32

March 22 (Reuters) - CorEnergy Infrastructure Trust Inc
 CORR.N :
    * CORENERGY PROVIDES UPDATE ON ASSET SALES
    * CORENERGY INFRASTRUCTURE TRUST INC - RETAINED AN ADVISOR
FOR
SALE ITS MOGAS AND OMEGA SYSTEMS
    * CORENERGY INFRASTRUCTURE TRUST INC - EXPECTS TO CLOSE SALE
OF
MOGAS AND OMEGA SYSTEMS BY EARLY Q3 2023
    * CORENERGY INFRASTRUCTURE TRUST - ANTICIPATE NET PROCEEDS
FROM
SALE OF MOGAS AND OMEGA SYSTEMS WILL BE SUFFICIENT TO REPAY BANK
FACILITY IN FULL
    * CORENERGY INFRASTRUCTURE TRUST - PURSUING SALE OF
UNDERUTILIZED
REAL ESTATE WITH PROCEEDS EXPECTED TO BE AVAILABLE FOR CONTINUED
DELEVERAGING

Source text for Eikon:  ID:nBw9wv2sNa 
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