oil & gas assets
You have accessed this news story:

OFS - Calfrac delays interest payment as it tackles balance sheet - July 2020



Feed Icon
Calfrac Well Services deferred a June 15 interest payment on its C$613 million ($448 million) in 8.5% senior unsecured notes due 2028 and is negotiating with its lenders to improve its balance sheet. The completions company also said it is preparing for increased US activity in H2. The notes give it a 30-day grace period before a default. Calfrac said it has drawn $170 million against its $375 million revolving term loan facility and......
 
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed







Sign up for PLS Reports
& Web Access!


Already subscribed to Reports?
Sign up for Web Access!
Search For More News