Dec 12 (Reuters) - Petrowest Corp PRW.TO
* Petrowest corporation announces signed term sheet and senior management changes
* Petrowest Corp - signed a non-binding agreement with a major financial institution to provide a new asset-backed credit facility
* Petrowest Corp-due diligence process by abl lender for closing of the abl loan transaction has commenced, is expected to be completed early in q1 2017
* Board of directors has appointed Saad, petrowest's new chief operating officer, as president and chief operating officer
* Petrowest corp - petrowest announces retirement of its chief financial officer, lloyd wiggins
* Announces hiring of new chief financial officer, Daryl Rudichuk, joining executive team immediately
* Petrowest Corp - has retained ernst & young orenda corporate finance inc. As exclusive financial advisor with respect to debt refinancing process Source text for Eikon: ID:nCNW6NxtNa Further company coverage: PRW.TO