Bellatrix Exploration Ltd. - 2014-11-26

Description

Syndicate of lenders approved increase of borrowing base and credit facilities from $625 million. The three-year revolving facilities will finance capex, working capital, and general corporate purposes; they mature May 30, 2017. Next redetermination scheduled for May 31, 2015. National Bank Financial is sole lead arranger and book-runner. National Bank of Canada is administrative agent.

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Estimated Price
CA$725.0MM
Financing Type
Report Date