Canacol Energy Ltd. - 2013-04-03
Description
Entered into a credit agreement for a senior secured term loan with a syndicate of banks. Credit Suisse was lead arranger, sole book runner and administrative agent. Citibank was export development Canada. Corpbanca was mandated lead arrangers. Proceeds will be used for repayment of its existing term loan and syndicated credit facility, future capital expenditures, and for other general corporate purposes. Plexus Capital LLC advised the corporation.