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BRIEF-Hemisphere Energy announces strategic debt refinancing
September 15, 2017 / 9:39 PM / 10 days ago

BRIEF-Hemisphere Energy announces strategic debt refinancing

Sept 15 (Reuters) - Hemisphere Energy Corp

* Hemisphere Energy announces strategic debt refinancing to accelerate growth and development of its southern Alberta oil assets

* Hemisphere Energy- entered into senior secured credit agreement providing for facility of up to $35 million, with initial commitment amount of US$15 million

* Hemisphere Energy Corp - ‍Hemisphere has made an initial draw of $10 million of initial $15 million commitment under new credit facility​

* Hemisphere Energy Corp - new credit facility has maturity date of September 15, 2022 Source text for Eikon: Further company coverage:

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