版本:
中国

BRIEF-Cenovus achieves key acquisition financing milestones

April 6 Cenovus Energy Inc:

* Cenovus achieves key acquisition financing milestones

* Cenovus Energy Inc - acquisition is expected to close in Q2 of this year

* Cenovus Energy - issuing common shares to conocophillips and intends to use portion of existing cash on hand and available credit facility capacity to help finance acquisition

* Has fully committed bridge financing in place to manage timing differences in funding of transaction

* Cenovus Energy Inc - on closing of acquisition, company anticipates having approximately $4 billion in remaining liquidity, including $1 billion in cash on hand

* Cenovus Energy Inc - Cenovus expects to have capacity to generate 2018 free funds flow of approximately $500 million in a US$50 WTI price environment

* As part of plan to deleverage, strengthen balance sheet t, co expects to make additional asset divestitures as required Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

更多 公司新闻(英文)

热门文章

编辑推荐

文章推荐