Precision Drilling is ahead of schedule in its debt repayment program, already reaching its C$400-600 million ($310-460 million) target two years into a four-year plan. The Calgary-based company’s 2019 debt repayments totaled C$205 million, exceeding its recently increased 2019 annual target of C$200 million. So far in 2020, Precision has redeemed C$32 million of its 2021 6.5% senior notes and expects to pay the remaining $66 million this year. The latest repayment means C$412......
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.