Scandoil  

Providence Resources enters into new financing facility


Published Jun 17, 2014
[an error occurred while processing this directive]

Edit page New page Hide edit links

Providence Resources

Providence Resources has entered into a financing facility with Melody Business Finance LLC, a US based financial institution for the provision of a $24 million debt facility, the proceeds of which will be used for general working capital purposes.

This financing facility, which runs until June 1st 2015, is secured by way of a floating charge and carries a 10% headline interest rate. Providence's financial advisor on the transaction was New York based EAS Advisors, LLC, acting through Merriman Capital, Inc., a member of FINRA / SIPC.

Tags: Providence Resources Plc




Advertisment:

Comments on this page are closed.

+ 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