National Bank of Canada, ATB Financial and Canadian Western Bank amended Essential Energy Services’ credit facility agreement, which provides an extension of the maturity date of the revolving secured credit facility along with revisions to certain terms and conditions.
Essential Energy Services amended and restated its revolving secured credit facility agreement with a syndicate of lenders, including National Bank of Canada, ATB Financial and Canadian Western Bank.
Essential Energy Services has entered into a renewed credit facility agreement with a syndicate of lenders, including National Bank of Canada, TD Bank, HSBC Bank Canada and Canadian Western Bank. The facility was reduced to $40 million from $100 million.
Essential Energy Services entered into a renewed credit agreement with a syndicate of lenders, including National Bank of Canada, The Toronto-Dominion Bank, HSBC Bank Canada and Canadian Western Bank.
PNC provided $25 million in senior secured revolving credit for Superior Coring Systems, a core sampling and drilling services company. The facility will be used to acquire five hybrid drilling rigs from Essential Energy Services.