Halcon reduces maximum revolver availability to $275 million

By Wendy Van Sickle

Columbus, Ohio, Nov. 20 – Halcon Resources Corp. and its lenders agreed to reduce the maximum credit amount available under the company’s revolving credit agreement to $275 million, according to an 8-K filing with the Securities and Exchange Commission.

The change was effected via an amendment to the credit agreement on Friday.

JPMorgan Chase Bank, NA is the administrative agent.

Halcon is a Houston-based independent energy company.

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