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August 15, 2022
Source Energy Services Provides an Update on the Credit Facility Refinancing and Announces Decision to Utilize Interest Payment Grace Period
Source Energy Services (“Source” or the “Company”) announced today that it has made significant progress on the previously announced refinancing of its ABL and Term Loan (the “Credit Facility”) and expects the refinancing to close on or before August 31, 2022. In conjunction with the refinancing and to facilitate an efficient closing, the Company has elected to utilize the 30-day grace period (the “Grace Period”) under the indenture governing its 10.5% senior secured first lien notes due March 15, 2025 (the “Senior Notes”). July 27, 2022
Source Energy Services Reports Q2 2022 Results
Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and six months ended June 30, 2022. June 29, 2022
Source Energy Services Announces Upcoming Earnings Release
Source is pleased to announce that its second quarter financial results for the period ending June 30, 2022, will be released following the Toronto Stock Exchange market close on July 27, 2022. May 25, 2022
Source Energy Services Announces Receipt of Lender Waiver and Payment of Cash Interest
Source Energy Services Ltd. (“Source” or the “Company”) announced today that it has successfully concluded its discussions with the syndicate of lenders under its senior secured credit facility (the “Credit Facility”) and obtained a waiver from such lenders to permit the Company to make the payment of cash interest on the Company’s outstanding 10.5% senior secured first lien notes due March 15, 2025 (the “Senior Notes”). May 16, 2022
Source Energy Services Announces Decision To Utilize Interest Payment Grace Period
Source Energy Services Ltd. (“Source” or the “Company”) announced today that it has elected to utilize the 30-day grace period (the “Grace Period”) under the indenture governing its 10.5% senior secured first lien notes due March 15, 2025 (the “Senior Notes”).