Edge Resources boosted by significant debt refinancing - Junior - TopicsExpress

Edge Resources boosted by significant debt refinancing - Junior Canadian oil producer Edge Resources (LON:EDG, CVE:EDE) has unveiled a significant debt refinancing which will boost its growth plans. Edge has agreed a new $17mln revolving loan with ATB Corporate Financial Services, which replaces a facility with National Bank of Canada Not only does it reduce annual interest costs - it now pays the Canadian prime rate plus 1.75% rather than plus 3% - the size of the fa... ow.ly/2KDhiK

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