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| Home : MEG Energy announces successful closing of previously announced comprehensive refinancing plan |
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Jan 28
2017 |
MEG Energy announces successful closing of previously announced comprehensive refinancing plan |
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CALGARY, ALBERTA--(Marketwired - Jan. 27, 2017) - MEG Energy Corp. ("MEG" or the "Company") (TSX:MEG) announced today that it has successfully closed its previously announced comprehensive refinancing plan, comprised of four financing transactions (the "Transactions"). The Transactions are expected to support a strengthened balance sheet, as well as increased production and reduced costs, through an expansion of the Company's growth program. The refinancing plan retains the covenant-lite flexibility of the Company's current debt structure. |
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| Source:http://www.marketwired.com/mw/release.do?id=2191605&sourceType=3 |
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