BRIEF-Savanna energy says to reduce credit facility from $250 mln to $150 mln

Thu Mar 17, 2016 6:04pm EDT
 
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March 17 (Reuters) - Savanna Energy Services Corp :

* Savanna energy services corp. announces amendments to its senior secured revolving credit facility

* says the amendment, among other things, reduces size of total facility from $250 million to $150 million

* Amendment reduces certain financial covenant thresholds to end of 2017 Source text for Eikon: Further company coverage: