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Shoreline Energy enters into amended and restated forbearance agreement with senior lender


Published Jul 18, 2014
Shoreline Energy Corporation

Shoreline Energy Corp. has entered into amendments extending its Amended and Restated Forbearance Agreement with its senior secured lender, Alberta Treasury Branches as well as a forbearance arrangement with its creditor, Devon Canada (collectively, the "Forbearance").

The Forbearance will provide Shoreline with the ongoing opportunity to complete its strategic alternatives process, co-ordinated by its advisor RBC Capital Markets. The strategic alternatives process will continue to provide interested parties the opportunity to pursue transactions across Shoreline's complete suite of assets.

Tags: Shoreline Energy Corporation




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