Impact: Slightly Positive given no change to the Company's credit facilities, with Management reaffirming its sustainability measures in the current low price environment. Bonterra announced that its lenders have completed their mid-year review and have agreed to maintain the Company's credit facilities at $425 mm, with the loan revolving to April 29, 2016 and having a maturity date of April 30, 2017. As of September 30, 2015 the Company was drawn $335 mm on the facility with total debt of ~$364 ....
30 Oct 2015
PROVIDES CORPORATE UPDATE
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PROVIDES CORPORATE UPDATE
Bonterra Energy Corp. (BNE:TSE) | 0 0 1.5% | Mkt Cap: 460.0m
- Published:
30 Oct 2015 -
Author:
Michael Hearn - Pages:
-
Impact: Slightly Positive given no change to the Company's credit facilities, with Management reaffirming its sustainability measures in the current low price environment. Bonterra announced that its lenders have completed their mid-year review and have agreed to maintain the Company's credit facilities at $425 mm, with the loan revolving to April 29, 2016 and having a maturity date of April 30, 2017. As of September 30, 2015 the Company was drawn $335 mm on the facility with total debt of ~$364 ....