Brief: Eneti Inc Announces Signing Of Its $175 Million Multicurrency Credit Facility

Eneti

04/04/2022 11:56

April 4 (Reuters) - Eneti Inc  NETI.N :
    * ENETI INC. ANNOUNCES THE SIGNING OF ITS $175 MILLION
MULTICURRENCY CREDIT FACILITY, WILL PARTICIPATE IN A CONFERENCE
CALL WITH BANK OF AMERICA SECURITIES AND ATTEND CITI BANK’S
GLOBAL ENERGY, UTILITIES AND CLIMATE TECHNOLOGY CONFERENCE
    * ENETI INC - EXPECTS TO DRAW DOWN CREDIT FACILITY WITHIN
APRIL
2022
    * ENETI INC - CONFIRMS IMMEDIATE USE OF PROCEEDS WILL
INCLUDE
REPAYMENT OF OUTSTANDING DEBT UNDER ITS EXISTING $60.0 MILLION
ING REVOLVING CREDIT FACILITY
    * ENETI INC - CONFIRMS IMMEDIATE USE OF PROCEEDS WILL
INCLUDE
REPAYMENT IN FULL OF $53.0 MILLION OF OUTSTANDING REDEEMABLE
NOTES DUE MARCH 2023

Source text for Eikon:  ID:nGNXcbxQbs 
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