Stocks in play: STEP Energy Services Ltd.
Provided an update on its credit agreement. STEP has entered into an agreement with a syndicate of Canadian banks which amends and extends its credit agreement. The principal terms of STEP’s Third Amended and Restated Credit Agreement include: A $215-million revolving facility, a $15-million operating facility, a $15 million U.S. operating facility; and a three-year term with a maturity date of July 12, 2025. STEP Energy Services Ltd. shares T.STEP are trading down $0.16 at $4.06.
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