W&T Offshore repays term loan B, some revolver debt in second quarter

By Sara Rosenberg

New York, Aug. 4 - W&T Offshore Inc. repaid its $205 million term loan B during the second quarter using borrowings under its revolving credit facility, according to a news release.

In addition, during the quarter and following the term loan B repayment, the company repaid $63 million of the revolver borrowings, leaving $142.5 million drawn as of June 30.

W&T Offshore is a Houston-based independent oil and natural gas company.

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