February 1, 2017 / 10:12 PM / in 10 months

BRIEF-Dundee Energy announces forbearance agreement in respect of Dundee Energy Ltd partnership credit facilities

Feb 1 (Reuters) - Dundee Energy Ltd -

* Announces forbearance agreement in respect of Dundee Energy Limited partnership credit facilities

* Lenders have agreed to forbear from exercising their enforcement rights and remedies in respect of credit facilities until May 15, 2017

* Forbearance agreement also provides an operating facility of $58 million and maturity date for credit facilities shall be May 15, 2017

* Agreement also requires Dundee Energy Limited partnership to take certain actions with respect to previously announced strategic review Source text for Eikon: Further company coverage:

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