Deal Summary

Obsidian Energy

$300,000,000

Syndicated Credit Facility

ICBC Standard Bank & Syndicate Banks

Deal Notes:

Credit facility increased from $260MM to $300MM; funds used to repay term loan and support growth and capital strategy. Term loan reduced to $10MM, expected to be repaid by internally generated cash flow before June 2025.

Industry:

Energy / Oil & Gas

Role:

Lenders

Event:

Recapitalization

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