Brief: Rosehill Resources Inc, Unit Entered Into A Forbearance Agreement

Rose Hill Acquisition

05/05/2020 23:34

May 5 (Reuters) - Rosehill Resources Inc  ROSEU.O :
    * ROSEHILL RESOURCES INC - ON MAY 4, CO, UNIT ENTERED INTO A
FORBEARANCE AGREEMENT
    * ROSEHILL RESOURCES INC - FORBEARING PARTIES HAVE AGREED TO
FORBEAR FROM EXERCISING ANY RIGHTS OR REMEDIES ARISING FROM SOME
EVENTS OF DEFAULT
    * ROSEHILL RESOURCES INC - AS A CONDITION TO FORBEARANCE
AGREEMENT, UNIT HAS MADE A $20 MILLION PAYMENT OF LOANS
OUTSTANDING UNDER CREDIT AGREEMENT
    * ROSEHILL RESOURCES INC - FORBEARANCE AGREEMENT WILL
TERMINATE AT
11:59 P.M. ET ON JULY 3, 2020

Source text: [https://bit.ly/3c6bImI]
Further company coverage:  ROSEU.O 

 (Reuters.Briefs@thomsonreuters.com)