Brief: Dawson Geophysical - On Sept 13, Entered Amendment To Amended & Restated Loan & Security Agreement - SEC Filing

Dawson Geophysical

18/09/2018 22:21

Sept 18 (Reuters) - Dawson Geophysical Co  DWSN.O :
    * DAWSON GEOPHYSICAL - ON SEPT 13, ENTERED AMENDMENT TO
AMENDED &
RESTATED LOAN & SECURITY AGREEMENT - SEC FILING
    * DAWSON GEOPHYSICAL - AGREEMENT TO CREATE NEW TERM LOAN
UNDER
EXISTING CREDIT FACILITY WITH VERITEX COMMUNITY BANK TO LEND
AGGREGATE AMOUNT OF $6.5 MILLION
    * DAWSON GEOPHYSICAL -INCREASED 2018 CAPITAL BUDGET TO $17
MILLION
TO ACQUIRE SEISMIC RECORDING EQUIPMENT FOR WHICH PROCEEDS OF
TERM LOAN WILL BE USED
    * DAWSON GEOPHYSICAL CO - AMENDED LOAN AGREEMENT CONTINUES
TO
PROVIDE FOR REVOLVING CREDIT FACILITY WHICH MATURES ON JUNE 30,
2019

Source text for Eikon: https://bit.ly/2OAx4N2
Further company coverage:  DWSN.O 

 ((Briefs@thomsonreuters.com;))