Finance & Investing | Fundraising | Capital Markets
SandRidge's Borrowing Base Reaffirmed at $500MM
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SandRidge Energy, Inc. announced that, in connection with a regularly scheduled redetermination, its lenders have affirmed the $500 million borrowing base under its senior secured credit facility.
In addition, the credit agreement was amended to increase from $200 million to $275 million a basket available to the Company for the cash repurchase of senior unsecured notes.
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