BRIEF-Transatlantic Petroleum enters second waiver

Fri Apr 22, 2016 6:05pm EDT
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April 22 (Reuters) - Transatlantic Petroleum Ltd

* Entered second waiver and consent to senior credit facility - sec filing

* Lenders provided conditional waiver of defaults under credit agreement, including cross-default under term loan facility

* Pursuant to second waiver and consent, as of april 19, 2016, lenders' aggregate commitments were reduced to $30.5 million

* Note amendment reduced principal amount to $8 million in exchange for cancellation of about $3.5 million owed by a former unit of co Source text: ( Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)