Brief: Spartan Delta Corp. Announces Strategic Montney Acquisition, $150 Million Equity Financing, $450 Million Credit Facility And $150 Million Term Facility

Spartan Delta

28/07/2021 22:14

July 28 (Reuters) - Spartan Delta Corp  SDE.V :
    * SPARTAN DELTA CORP. ANNOUNCES STRATEGIC MONTNEY
ACQUISITION,
$150 MILLION EQUITY FINANCING, $450 MILLION CREDIT FACILITY  AND
$150 MILLION TERM FACILITY
    * SPARTAN DELTA CORP - TO ACQUIRE VELVET ENERGY LTD. FOR
TOTAL
CONSIDERATION OF APPROXIMATELY $743.3 MILLION
    * SPARTAN DELTA CORP - ACQUISITION WILL BE FUNDED BY A
COMBINATION
OF CASH ON HAND

Source text for Eikon:  ID:nGNX3wlBty 
Further company coverage:  SDE.V 

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