June 20, 2016 / 10:27 AM / a year ago

BRIEF-Athabasca Oil announces repayment of U.S.$221 mln term loan

June 20 (Reuters) - Athabasca Oil Corp

* Athabasca Oil Corporation announces a $129 million contingent bitumen royalty and repayment of U.S.$221 million term loan

* Concurrently, company has repaid its U.S.$221 million first lien term loan

* Has reduced its outstanding corporate debt by approximately $250 million or 30 pct Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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