Battalion Oil (BATL) said Friday its Halcon Holdings subsidiary has refinanced all of its existing senior secured credit agreements with lenders, who are providing Halcon with $162 million in borrowing capacity through a new term loan maturing in December 2028.
The lenders also are providing an incremental term loan facility for up to $63 million in short-term borrowing.
Battalion shares were more than 12% higher in recent Friday trading.
Price: 1.96, Change: +0.15, Percent Change: +8.29
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