Pacific Rubiales Energy Corp. - 2011-04-14
Description
The company's revolving credit facility was increased from the US$250 million initially committed by the lenders in April 2010 to US$350 million. Bank of America Merrill Lynch was global coordinator and sole bookrunner. To date, the company has not drawn down any funds from the revolving credit facility and the company does not expect to require any proceeds from the revolving credit facility to fund its 2011 capital expenditure budget.