BRIEF-Canadian Energy Services & Technology amendment includes voluntary reduction in senior facility commitment from $200 mln to $150 mln

Tue Mar 29, 2016 5:25pm EDT
 
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March 29 (Reuters) - Canadian Energy Services & Technology Corp

* Amendment includes a voluntary reduction in senior facility commitment from $200 million to $150 million

* Amendment includes a change to senior funded debt to ebitda ratio not to exceed 2.25:1.00

* All of amendments take effect immediately

* Entered into agreement with its syndicate of lenders to make certain amendments to its senior credit facility Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)