Clayton Williams Increases Borrowing Base

Clayton Williams announced that, effective April 29, 2010, its bank group increased the borrowing base under the Company's secured revolving credit facility from $250 million to $300 million. The credit facility is provided by a syndicate of ten banks led by JPMorgan Chase Bank, N.A. All other material terms of the credit facility, including maturity, pricing terms and financial and non-financial covenants, remained unchanged.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours