HZN 2.70% 19.0¢ horizon oil limited

News: HZN Horizon Oil Enters Into A New Senior Debt Facility

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    Nov 5 (Reuters) - Horizon Oil Ltd (HZN) :

    • ENTERED INTO A NEW SENIOR DEBT FACILITY
    • NEW US$95 MILLION SENIOR DEBT FACILITY AND REPAYMENT OF REMAINING US$20 MILLION SUBORDINATED DEBT
    • NEW SENIOR DEBT FACILITY HAS A MATURITY DATE OF JULY 2022; INTEREST RATE UNDER NEW FACILITY IS LIBOR PLUS 2.75%
 
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