Baytex Energy extends to rotating credit facilities worth $ 1.1 billion to June 2029

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Baytex Energy Corp. (NYSE:BTEHe is one of Cheap shark to buy now. On June 27, Baytex Energy announced that it had received strong support from the lending union to extend its bank credit facilities.

The 2.1 billion dollar credit facilities have been extended for one year from May 2028 to June 2029. In addition, the rotating credit facilities do not borrow basic facilities, and therefore, do not require annual or semi -annual reviews.

Baytex Energy extends to rotating credit facilities worth $ 1.1 billion to June 2029
Baytex Energy extends to rotating credit facilities worth $ 1.1 billion to June 2029

An oil platform in the sea, lit by sunset, shows the strength of companies.

This provides Baytex with flexible and stable financial management. Baytex is located in Calgary, Alberta, but its main operating areas inside the Western Canadian sedimentary basin and Eagle Ford in the United States.

Baytex Energy Corp. (NYSE: BTE) is an energy company that gets, develops and produces crude oil and natural gas.

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Detection: Nothing. This article was originally published in A monkey from the inside.



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