Canacol Energy Inc. - 2015-04-27

Description

Entered into a credit agreement for senior secured term loan due Sept. 30, 2019. Proceeds will repay US$176 million principal and interest, and support general corporate purposes. BNP Paribas led syndicate of banks as sole lead arranger and book-runner. Davivienda, Citibank, Bladex, ICBC, BICSA and Banco de Occidente are in the syndicate. New credit agreement will replace existing credit agreement and defer amortization until Dec. 31, 2017.

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Estimated Price
$200.0MM
Financing Type
Report Date