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Bullboard - Stock Discussion Forum Ensign Energy Services Inc ESVIF


Primary Symbol: T.ESI

Ensign Energy Services Inc. is a Canada-based international oilfield services contractor. The Company provides oilfield services to the oil and natural gas industry in Canada, the United States and internationally. Its services include contract drilling, directional drilling, underbalanced and managed pressure drilling, rental equipment, well servicing and production services. It offers a fleet... see more

TSX:ESI - Post Discussion

Ensign Energy Services Inc > COMPLETED TERM LOAN AGREEMENT
View:
Post by Possibleidiot01 on Oct 14, 2023 7:55am

COMPLETED TERM LOAN AGREEMENT

Lots of details on credit facility and debt payback but none essentially on the completed term loan payment. Have to assume done on similar terms as previously?

Finding sedarplus hard to search - anybody have an idea what type of document this would be?

Comment by DeanEdmonton on Oct 15, 2023 1:54pm
The repayment trems are right in the announcement, 30%, year one and two, 40% year three to bring term loan to zero. Thereis aslo large reductions in the Revolving facility in 2024 and 2025. this isfrom the announcement I got emailed on. It matches what is posted on here under news. The Term Facility matures three years after it is drawn and provides Ensign exposure to favourable rate terms and ...more  
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