BRIEF-CWC Energy Services credit facilities reduced to $65 mln

Fri Apr 15, 2016 5:41pm EDT
 
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April 15 (Reuters) - CWC Energy Services Corp :

* CWC Energy Services Corp announces amendments to its credit facilities and additions to management team

* Maturity date of credit facilities were extended to July 31, 2018

* Credit facilities were reduced from $75.0 million to $65.0 million

* The minimum liquidity is reduced from $12.5 million to $10.0 million

* Credit facilities with ability to increase credit facilities by an additional $60.0 million through an accordion feature Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)