Maurel & Prom Completes $465 Million Bank Debt Refinancing
Bitget2026/10/22 05:26- Maurel & Prom completed its bank debt refinancing on October 8, 2026, increasing its total bank facility to USD 465 million.
- The facility comprises a USD 300 million term loan and a USD 165 million revolving credit facility.
- Pricing is SOFR + 2.25% for the term loan and SOFR + 2.5% for the revolving credit facility.
- Bank debt maturity extends to October 2031, with a one-year grace period.
- The USD 27 million shareholder loan maturity was also extended by six years to October 2032.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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