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BRIEF-Seven Generations' lenders increase credit facility from $1.1 bln to $1.4 bln

Published 2017-06-12, 07:09 a/m
© Reuters.  BRIEF-Seven Generations' lenders increase credit facility from $1.1 bln to $1.4 bln

June 12 (Reuters) - Seven Generations Energy Ltd VII.TO

* Seven generations' lenders increase credit facility from $1.1 billion to $1.4 billion

* Seven generations energy ltd - with credit facility increase, 7g had available funding of about $1.9 billion as of march 31, 2017 on a pro-forma basis

* Seven generations energy ltd - "we plan to continue our conservative approach to debt and draws on our credit facility"

* Seven generations energy ltd - now have access to $1.4 billion in addition to adjusted working capital of about $500 million that co had at end of q1 of 2017

* Seven generations energy ltd - credit facility matures on june 9, 2021 Source text for Eikon: ID:nMKW1gvm6a Further company coverage: VII.TO

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