|
| Home : Heritage Oil Announces Long-Term Debt Refinancing for Nigeria |
|
Jul 02
2013 |
Heritage Oil Announces Long-Term Debt Refinancing for Nigeria |
|
LONDON, UNITED KINGDOM--(Marketwired - July 2, 2013) - Heritage Oil Plc ("Heritage" or the "Company") (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, is pleased to announce that Shoreline Natural Resources Limited ("Shoreline"), a special purpose private Nigerian company formed between a subsidiary of Heritage and a local Nigerian partner, Shoreline Power Company Limited, has successfully completed the refinancing of its existing bridge loan facility. The new facility is a five year $500 million Senior Secured Revolving Reserves Based Lending Facility (the "RBL Facility") which can be increased up to $600 million. |
|
|
|
| Source:http://www.marketwire.com/mw/release.do?id=1807558&sourceType=3 |
| |
|
Related News
|
» Surround Video met la réalisation de vidéos panoramiques à la portée de tous
» Wounded Trayvon Martin Said, 'Oh Gosh You Got Me'
|
|
|
