Senior Secured 1st Lien RBL Overview and Partial 2nd Lien Term Loan Conversion October 10, 2018 NYSE American LLEX Joe Daches, President and CFO
Summary Transaction Overview and Financing Benefits Reserve Based Credit Revolving Facility (RBL) Lilis Energy, Inc. is pleased to announce the closing of a new five-year, 500 million senior secured revolving credit facility, with an…
RBL Syndication Highlights Revolving Credit Facility: Maximum facility borrowing amount of 500 million with an initial borrowing base of 95 million which can be expanded in the future Bank Group Consisting of: BMO Harris Bank, N.A.…
Sources/Uses and Pro Forma Capitalization Unaudited ( in MMs) 50mm Riverstone 1L TL is repaid using proceeds Sources Uses from the new RBL New RBL Borrowings 60 Repay 1L TL 50 Interest expense reduced 400bps from Ser. C Pref. Tack On…
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