Brief: Ranger Energy Services Announces New Asset Based Lending Facility

Ranger Energy Services

31/05/2023 21:54

May 31 (Reuters) - Ranger Energy Services Inc  RNGR.N :
    * RANGER ENERGY SERVICES, INC. ANNOUNCES NEW ASSET BASED
LENDING
FACILITY
    * RANGER ENERGY SERVICES - FACILITY INCLUDES $75 MILLION OF
COMMITTED LIQUIDITY AND FEATURES AN ACCORDION THAT ALLOWS FOR
POTENTIAL EXPANSION UP TO $150 MILLION
    * RANGER ENERGY SERVICES INC - UNDER THE TERMS OF THE
AGREEMENT,
THE ABL WILL HAVE A TENOR OF FIVE YEARS

Source text for Eikon:  ID: 
Further company coverage:  RNGR.N 

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