Brief: Ring Energy Announces Completion Of Spring 2020 Redetermination Of Its Senior Credit Facility

Ring Energy

17/06/2020 21:19

June 17 (Reuters) - Ring Energy Inc  REI.A :
    * RING ENERGY, INC., ANNOUNCES COMPLETION OF SPRING 2020
REDETERMINATION OF ITS SENIOR CREDIT FACILITY
    * RING ENERGY - ENTERED INTO NEW AMENDMENT TO SENIOR CREDIT
FACILITY AS PART OF SCHEDULED SPRING REDETERMINATION
    * RING ENERGY INC - AMENDMENT REDUCED IMMEDIATE BORROWING
BASE
FROM $425 MILLION TO $375 MILLION
    * RING ENERGY INC - NEXT REDETERMINATION EVALUATION IS
SCHEDULED
FOR NOV 2020
    * RING ENERGY INC - HAS REDUCED CURRENT OUTSTANDING BALANCE
ON
SENIOR CREDIT FACILITY TO $375 MILLION

Source text for Eikon:  ID:nBw3qyb1pa 
Further company coverage:  REI.A 

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