06:28 AM EDT, 09/30/2024 (MT Newswires) -- Step Energy Services ( SNVVF ) over the weekend said it signed a fourth amended and restated credit agreement with a syndicate of Canadian banks.

The most recent credit agreement amends and extends a prior one and includes principal terms that include a $200 million syndicated facility and a $15 million operating facility, a US$15 million operating facility.

The credit agreement also has a three-year term with a maturity date of Sept. 27, 2027.

Step Energy Services ( SNVVF ) provides completion and stimulation services to exploration and production companies in Canada and the U.S.