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| Home : Bengal Energy Announces a US $25 Million Secured Credit Facility |
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Aug 15
2014 |
Bengal Energy Announces a US $25 Million Secured Credit Facility |
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CALGARY, ALBERTA--(Marketwired - Aug. 14, 2014) - Bengal Energy Ltd. (TSX:BNG) ("Bengal" or the "Company") is pleased to announce that it has agreed on final credit approved terms for its US $25.0 million secured credit facility (the "Facility") with Westpac Institutional Bank ("Westpac" or the "Lender"). Bengal anticipates final closing of the Facility agreement to occur within the next three weeks subject to the satisfaction of the usual closing conditions, including a final due diligence review. |
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| Source:http://www.marketwired.com/mw/release.do?id=1938652&sourceType=3 |
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