Scandoil  

Canacol Energy closes on long-term syndicated senior secured term loan for US$220 million


Published Apr 28, 2014
Canacol Energy Ltd.

Canacol Energy Ltd. has closed its previously announced upsizing of its existing senior secured term loan with a syndicate of banks led by Credit Suisse as Lead Arranger, Sole Bookrunner and Administrative Agent, and including Banco Davivienda, Bladex, Corpbanca, Export Development Canada (EDC), and Citi as Mandated Lead Arrangers, and Banco de Occidente and the Industrial and Commercial Bank of China (ICBC) as Arrangers.

The revised term loan resulted in the upsizing of the previous term loan by US$80 million, from US$140 million to US$220 million, with no changes to the term of the loan or the repayment schedule. Interest is payable quarterly and principal repayable in 15 equal quarterly instalments starting in October 2014.

Tags: Canacol Energy Inc.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml