PrairieSky Royalty (TSE:PSK) has released an update.
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PrairieSky Royalty Ltd. has amended and extended its revolving credit facility, reducing it from $725 million to $350 million, aligning with its strategy to maintain a strong balance sheet. The facility allows for an increase up to $600 million with lender consent, and all other covenants remain unchanged.
For further insights into TSE:PSK stock, check out TipRanks’ Stock Analysis page.
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