Civeo Corp

NYSE:CVEO   3:58:00 PM EDT
22.72
-0.04 (-0.18%)
Debt Financing / Related

Civeo Corporation Announces Replacement Of Its Credit Agreement

Published: 09/08/2021 20:41 GMT
Civeo Corp (CVEO) - Civeo Corporation Announces Replacement of Its Credit Agreement.
Civeo Corp - Completion of a Replacement and Refinancing of Its Credit Agreement.
Civeo Corp - New Syndicated Facility Agreement, Which Consists of a Canadian Term Loan and Three Revolving Credit Facilities.
Civeo - in Leverage Neutral Transaction, Canadian Term Loan Was Reduced to C$100 Million Compared to Outstanding Balance of C$216 Million As of June 30, 2021.
Civeo Corp - Syndicated Facility Agreement Has a Maturity Date of September 8, 2025.
Civeo Corp - in Addition, Among Other Things, New Syndicated Facility Agreement Increases Total Revolving Commitment to Us$200 Million.