Daily News: May 29, 2019

ScotiaBank, BMO, Others Extend Delphi Energy Facility


Delphi Energy has extended the term out date of its $105 million senior secured credit facility to June 14, 2019. The bank syndicate is led by Alberta Treasury Branches and includes The Bank of Nova Scotia and Bank of Montreal.

Delphi currently has $82.0 million drawn on the facility and $7.5 million of outstanding letters of credit, leaving $15.5 million of available credit.

Calgary-based Delphi Energy is a producer of liquids-rich natural gas.