08:06 AM EDT, 06/03/2024 (MT Newswires) -- Secure Energy Services ( SECYF ) on Monday said it has amended the credit agreement for its $800 million senior secured revolving credit facility, extending the maturity until May 31, 2027.
As of May 31, the facility remains undrawn, excluding outstanding letters of credit, the company said.
"Together with our $300 million of 6.75% unsecured notes due in 2029, the credit facility provides us with a robust liquidity position and maximum flexibility for capital allocation decisions over the coming years," said Chad Magus, chief financial officer of Secure.