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Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B



TSX:HSE.PR.B - Post by User

Comment by RagingBull3on Jun 11, 2020 7:32pm
235 Views
Post# 31141010

RE:Husky Liquidity

RE:Husky LiquidityI think Q2 going to be brutal..... Thank goodness for the Liquidity.    


RagingBull3 wrote: https://stockhouse.com/news/press-releases/2020/04/20/husky-energy-cuts-2020-capital-spending-to-1-7-billion    

"Husky continues to prioritize its balance sheet, supported by significant liquidity. As of the end of the first quarter, the Company had approximately $4.7 billion of liquidity, comprised of $1.3 billion in cash and $3.4 billion in available credit facilities.

Since the end of the first quarter, Husky has increased its liquidity with the recent addition of a $500 million term loan, increasing total liquidity towards $5.2 billion. The term loan proceeds have been used to repay syndicate drawings advanced to repay the maturing 5.0% notes on March 12, 2020.

The Company has no long-term debt maturities until 2022."

 




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