Key Energy pays down $25 million of senior credit facility in October

By Susanna Moon

Chicago, Oct. 27 - Key Energy Services, Inc. said it paid down $25 million on its $550 million senior secured credit facility since the third quarter.

The company had tapped about $324.5 million of the facility as of Sept. 30, according to the company's earnings release for the third quarter.

After the paydown, there is about $250 million available under the credit facility.

Key Energy is a Houston-based onshore energy services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.