Canacol Energy closes new revolver

In:

Oil & gas

Region:

Americas

Canada's Canacol Energy has signed a $75 million senior unsecured bridge term loan and a $46 million senior unsecured RCF totaling $121 million (the expiring facilities) with a syndicate of banks. The bridge loan bore an annual interest rate of LIBOR + 4.25%, and the revolving credit...

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