Delphi Energy Corp. - 2014-03-31

Description

Lenders-- National Bank of Canada, Bank of Nova Scotia and Alberta Treasury branches—upsized Delphi’s senior credit facility by $30 million after an annual review. Increased amount became effective March 31 and a debenture provided as a security to the lenders was upsized $300 million. In total, company’s credit capacity is now $190 million, including subordinated debt facility. This credit capacity growth will fund the year’s capital program.

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Estimated Price
CA$170.0MM
Financing Type
Report Date