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Xcite Extends Equity Line Facility With Esousa
Mon, 14th Apr 2014 09:31
LONDON (Alliance News) - Xcite Energy Ltd Monday said it has extended the term of its existing equity line facility agreement with Esousa Holdings LLC by three years until July 30, 2017 on the same terms and conditions.
There is an undrawn facility amount of GBP30.8 million, which can be used at the sole discretion of the company.
Xcite shares were Monday quoted at 70.29 pence, up 1.5%.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
Copyright © 2014 Alliance News Limited. All Rights Reserved.
Latest XEL News
- Xcite Energy Liquidation Petition Hearing Set For December 5
22 Nov 2016 - Xcite Energy Bondholders Approve Restructuring Proposals
30 Sep 2016 - Xcite Energy To Put Bond Restructuring Plans To Shareholder Approval (ALLISS)
27 Sep 2016 - Xcite Energy updates market on bond restructuring
12 Sep 2016 - UK Shareholder Meetings Calendar - Next 7 Days
20 Jul 2016 - Xcite Needs Bentley Partner, Continues Talks On Restructuring Bonds
4 Jul 2016 - Xcite Energy Gets More Time From Bondholders To Agree Restructuring
30 Jun 2016 - BROKER RATINGS SUMMARY: Merrill Lynch Upgrades Burberry To Buy
29 Jun 2016
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