Brief: Source Energy Services Announces Offering Of Senior Secured Notes
23/05/2018 14:25
May 23 (Reuters) - Source Energy Services Ltd SHLE.TO :
* SOURCE ENERGY SERVICES LTD. ANNOUNCES OFFERING OF SENIOR
SECURED
NOTES AND INCREASED CREDIT FACILITY
* SOURCE ENERGY SERVICES LTD - INTENDS TO USE NET PROCEEDS
FROM
OFFERING TO REPAY DRAWN AMOUNTS UNDER ITS EXISTING CREDIT
FACILITIES
* SOURCE ENERGY - PRIVATE PLACEMENT OFFERING OF $40 MILLION
AGGREGATE PRINCIPAL AMOUNT OF 10.5% SENIOR SECURED FIRST LIEN
NOTES DUE DECEMBER 15, 2021
Source text for Eikon: ID:nGNXMGf0Q
Further company coverage: SHLE.TO
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