Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (38551)	9/1/2020 8:54:20 AM
From: Goose94	Read Replies (3) of 202170

Bonterra Energy (BNE-T) is staying the course after Obsidian Energy (OBE-T) publicly-disclosed proposal to pair up, announcing late yesterday it reached an agreement with its lenders to extend an existing credit facility as it aims to finalize a loan via the Business Development Bank of Canada. The BDC says the loan would provide “significant additional long-term liquidity at reasonable interest rates” so that Bonterra can “withstand” fallout from COVID-19. Recall that just yesterday, Obsidian dangled its all-stock proposal as being “ a far better outcome” for Bonterra’s shareholders than heaping on more debt via BDC. As for that approach, Bonterra said it “remains aware” of Obsidian’s interest in reaching a deal. BNN.ca

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next