Delphi Energy Corp. - 2014-03-31
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.