Templar Energy Makes March 21 Interest Payment On 2nd-Lien Term Loan

April 25, 2016   |   April 2016 Bond Updates
Templar Energy has made the March 21 interest payment on its $1.45 billion second-lien term loan due 2020 (L+750, 1% LIBOR floor) after  last month electing to exercise a 30-day grace period on the facility, sources said. A company spokesperson confirmed the payment was made on April 20, before the expiration of the grace period.

View more at: http://www.forbes.com/sites/spleverage/2016/04/24/templar-energy-makes-march-21-interest-payment-on-2nd-lien-term-loan/
 
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