Brief: PHX Energy says voluntary reduction in syndicated credit facility

PHX Energy Services

14/03/2016 12:00

March 14 (Reuters) - PHX Energy Services Corporation  PHX.TO : 
 * Announces voluntary reduction in syndicated credit facility 
 * To voluntarily reduce in part the unutilized portion of the syndicated 
   facility from CDN$90 million to CDN$70 million 
 * Reduction in the syndicated facility is effective March 14, 2016 and will 
   result in significant further cost savings 
 
 * Source text for Eikon  urn:newsml:reuters.com:*:nMKWJkgCTa 
 
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