Daily News: October 9, 2018

Alberta Treasury Upsizes Yangarra Facility to $135MM


Yangarra Resources completed its semi-annual redetermination of borrowing base and, as a result, increased its syndicated senior credit facility to C$175 million ($135 million).

The banking syndicate is led by Alberta Treasury Branches and includes Canadian Imperial Bank of Commerce and National Bank of Canada.

Yangarra Resources is an energy company based in Western Canada.