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BRIEF-Savanna energy says to reduce credit facility from $250 mln to $150 mln

Published 2016-03-17, 06:04 p/m
© Reuters.  BRIEF-Savanna energy says to reduce credit facility from $250 mln to $150 mln
SVY
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March 17 (Reuters) - Savanna Energy Services Corp SVY.TO :

* Savanna energy services corp. announces amendments to its
senior secured revolving credit facility
* says the amendment, among other things, reduces size of
total facility from $250 million to $150 million
* Amendment reduces certain financial covenant thresholds to
end of 2017

Source text for Eikon: ID:nCCNn9jlH
Further company coverage: SVY.TO

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