Brief: Key Energy Services Announces Completion Of Restructuring

Key Energy Services

09/03/2020 11:36

March 9 (Reuters) - Key Energy Services Inc  KEGXD.PK :
    * KEY ENERGY SERVICES ANNOUNCES COMPLETION OF RESTRUCTURING
    * KEY ENERGY SERVICES INC - IN CONNECTION WITH
RESTRUCTURING, KEY
ENTERED INTO A THIRD AMENDMENT TO ITS EXISTING ABL FACILITY
    * KEY ENERGY SERVICES INC - NEW ABL FACILITY, AMONG OTHER
THINGS, 
REDUCES LENDERS' AGGREGATE COMMITMENTS TO MAKE REVOLVING LOANS
TO $70 MILLION
    * KEY ENERGY SERVICES INC - ON MAR 6, BRYAN KELLN, MARY
SIGLER,
PAUL BADER, PHILIP NORMENT, AND STEVEN PRUETT RESIGNED AS
MEMBERS OF BOARD
    * KEY ENERGY SERVICES - J. MARSHALL DODSON, HARRY QUARLS,
ALAN
MENKES AND MARCUS ROWLAND WERE APPOINTED TO BOARD ON MAR 6
    * KEY ENERGY SERVICES - HARRY QUARLS WAS APPOINTED CHAIRMAN
OF
BOARD OF DIRECTORS

Source text for Eikon:  ID:nGNX2z9Pb5 
Further company coverage:  KEGXD.PK 

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