Impact - negative as the Company's bank line is being reduced and replaced with what we assume will be higher cost debt, while if the senior notes offering does not close by the end of June then the Company will be in default of its senior credit facility
30 May 2016
ANNOUNCES NOTES OFFERING, BANK LINE REDUCTION
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ANNOUNCES NOTES OFFERING, BANK LINE REDUCTION
Delphi Energy (DEE:TSE) | 0 0 -1.1% | Mkt Cap: 167.0m
- Published:
30 May 2016 -
Author:
Michael Hearn -
Pages:
3
Impact - negative as the Company's bank line is being reduced and replaced with what we assume will be higher cost debt, while if the senior notes offering does not close by the end of June then the Company will be in default of its senior credit facility