Tullow Oil Extends Credit Facility Amid Strong Lender Support

Tullow Oil (GB:TLW) has released an update.

Tullow Oil has successfully secured lender approvals to extend its Revolving Credit Facility until June 2025, sizing it at $250 million to better align with its financial strategy and reduce costs. This move, which was oversubscribed, highlights the company’s strong relationships with its lenders and supports its refinancing plans to manage debt maturities. Tullow’s shares are traded on the London and Ghana stock exchanges, making it a notable player for investors in the energy sector.

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