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BRIEF-Penn Virginia announces closing of acquisition of Eagle Ford assets
October 2, 2017 / 12:35 PM / 3 months ago

BRIEF-Penn Virginia announces closing of acquisition of Eagle Ford assets

Oct 2 (Reuters) - Penn Virginia Corp:

* Press release - Penn Virginia announces closing of acquisition of Eagle Ford assets

* Penn Virginia Corp - co also announced that borrowing base under revolving credit facility increased from $200 million to about $238 million

* Penn Virginia Corp - ‍in connection with acquisition, company entered into a credit agreement for a new $200 million second lien term loan​

* Penn Virginia - used net proceeds from term loan, additional borrowings under co’s revolving credit facility to finance Devon deal, related expenses​ Source text for Eikon: Further company coverage:

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