Athabasca Oil Corporation (ATH.TO)
- The Canadian Press
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- Baystreet
Stocks in play: Athabasca Oil Corporation
Has closed the issuance of $350 million U.S. of Senior Secured Notes and the syndication of a $110-million ...
- GlobeNewswire
Athabasca Oil Corporation Closes US$350 million Senior Secured Notes Financing, Enters into a C$110 million Credit Facility and Provides Strategic Update
CALGARY, Alberta, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that it has closed the issuance of US$350 million of Senior Secured Notes and the syndication of a $110 million reserve based credit facility. Athabasca’s strategy is to position itself as a low leveraged company that will generate significant free cash flow through its low-decline, oil weighted asset base. The refinanced capital structure provides certainty to shareh
