E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/6/2015 in the Prospect News Bank Loan Daily.

RPC voluntarily reduces commitment to $125 million from $350 million

By Wendy Van Sickle

Columbus, Ohio, Nov. 6 – RPC, Inc. voluntarily reduced commitments under its credit agreement with Bank of America, NA as administrative agent to $125 million on Tuesday, according to an 8-K filed with the Securities and Exchange Commission.

Commitments previously totaled $350 million. No other terms were changed.

Atlanta-based RPC provides oilfield services and equipment to independent and major oilfield companies.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.