CALGARY, Alberta, Sept. 10, 2019 (GLOBE NEWSWIRE) -- ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) announces that its wholly-owned subsidiary, ClearStream Energy Holdings LP (“CEHLP”), has entered into a first amending agreement with, among others, the Company and Bank of Montreal, as administrative agent, pursuant to which its third amended and restated credit agreement dated as of June 26, 2019 (as so amended, the “Credit Agreement”) was amended in order to, among other things, provide for the advance by certain term lenders of a new term loan in the aggregate amount of $17 million (the “New Term Loan”). Each term lender is fully-managed by Canso Investment Counsel, Ltd. (“Canso”), in Canso’s capacity as portfolio manager.
ClearStream receives capital injection and amends Credit Facilities to support growth
Sep 10, 2019
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