BRIEF-Scotiabank CEO says oil firms' credit lines will be cut

Tue Apr 12, 2016 1:40pm EDT
 
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April 12 (Reuters) -

* Scotiabank ceo says oil companies' credit lines will be cut in spring borrowing base redeterminations

* Scotiabank ceo says any acquisitions would be similar to what bank has done in past 2 years

* Scotiabank ceo says doesn't think there is contagion from low oil price in cana

* Scotiabank ceo says expects increased energy m&a, increased issuance throughout the sector Source text for Eikon: Further company coverage: [ ] (Reporting By Matt Scuffham)