New Bank Term Loan Facility & Contemplated Bond Issue

Source: www.gulfoilandgas.com 5/10/2019, Location: North America

Atlantica Tender Drilling Limited has received credit approvals from a syndicate of new and existing lenders for a new 4-year USD 100 million first lien term loan facility (the “Term Loan”). The Company has further mandated DNB Markets and Pareto Securities as Global Coordinators and Joint Bookrunners and Danske Bank and SpareBank1 Markets as Joint Bookrunners to arrange a series of fixed income investor meetings. A USD 140 million, 4-year, second lien bond issue (the “Bond Issue”) may follow, subject to market conditions. Proceeds from the Term Loan and the Bond Issue will be used to refinance the Company’s existing bank and bond debt.


Gabon >>  5/18/2022 - VAALCO Energy Inc. announced entry into a new credit agreement, effective May 16, 2022, for a new five-year Reserve Based Lending (“RBL”) facility wit...
United States >>  5/16/2022 - Vantage Drilling International ("Vantage") reported a net loss attributable to controlling interest of approximately $14.9 million, or $1.14 per dilut...

Gabon >>  5/12/2022 - - Debt refinanced on favourable terms
o Five-year bank loan for $255 million, including $67 million as a revolving credit facility
o Six-y...

Norway >>  5/12/2022 - TGS today reported interim financial results for Q1 2022.

Total revenue amounted to USD 132 ...


Trinidad and Tobago >>  5/12/2022 - Touchstone Exploration Inc. ("Touchstone") (TSX) reports its operating and financial results for the three months ended March 31, 2022. Selected info...
Canada >>  5/11/2022 -  The board of directors of Dominion Energy has declared a quarterly dividend of 66.75 cents per share of common stock.

Dividends are payab...


Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.