BRIEF-Petrowest announces amended and restated credit facility

Fri Apr 1, 2016 7:26am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

April 1 (Reuters) - Petrowest Corp

* Petrowest announces amended and restated syndicated credit facility

* At March 31 , Petrowest has approximately $30.1 million drawn on its amortizing term loan

* At March 31 , petrowest has approximately $17 million drawn on its $40 million syndicated revolving credit facility

* In addition to revisions to financial covenants, co agreed to maintain 10% of excess availability under revolving credit facility at all times Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)