Capital Markets | Credit Facility Change
Parsley's Borrowing Base Reaffirmed at $2.7B; Extended Maturity
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Parsley Energy Inc. has reported it reeaffirmed its borrowing base at $2.7 billion, while increasing its elected commitment to $1.075 from $1 billion and extending the maturity date by two years from October 2021 to October 2023.
"These liquidity enhancing measures are another example of the proactive steps Parsley has taken to weather the COVID-19-driven downturn," CFO Ryan Dalton says.
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Redetermination/Borrowing base
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