Whitecap Resources Inc.

Description

Closed a private placement of senior secured notes maturing Jan. 5, 2022. Proceeds will repay a portion of outstanding bank debt. Borrowing capacity was expanded through the issuance to C$1.3 billion from C$1.1 billion. Debt became diversified with a long-term fixed interest rate.

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Estimated Price
$200.0MM
Financing Type
Report Date