Newpark Resources Inc (NR.N) Key Developments | Reuters.com
Edition:
United States

Newpark Resources Inc (NR.N)

NR.N on New York Stock Exchange

5.52USD
29 Jun 2016
Change (% chg)

$0.09 (+1.66%)
Prev Close
$5.43
Open
$5.45
Day's High
$5.52
Day's Low
$5.45
Volume
13,820
Avg. Vol
254,526
52-wk High
$8.26
52-wk Low
$3.35

Latest Key Developments (Source: Significant Developments)

Newpark Resources files for mixed shelf of up to $200 mln
Tuesday, 17 May 2016 06:12am EDT 

Newpark Resources Inc :Files for mixed shelf of up to $200 million - sec filing.  Full Article

Newpark resources files for non-timely 10-Q
Tuesday, 10 May 2016 04:48pm EDT 

Newpark Resources Inc : Files for non-timely 10-Q - sec filing . Expects to continue to have difficulty complying with consolidated leverage ratio,interest coverage ratios in credit agreement throughout 2016 and into 2017 . Co is in advanced discussions with banks participating in credit agreement regarding amendment to credit agreement .Co is also in advanced discussions regarding alternative asset-based financing arrangement, which may replace credit agreement.  Full Article

Newpark Resources Inc announces credit agreement amendment
Monday, 21 Dec 2015 06:00am EST 

Newpark Resources Inc:Announces credit agreement amendment.Amendment decreases size of facility,modifies some financial covenants through Q1 2017, also modifies borrowing cost, fee provisions.Says pursuant to the amendment, the revolving facility has been reduced from $200 million to $150 million.  Full Article

Newpark Resources announces international contract award
Wednesday, 14 Jan 2015 06:00am EST 

Newpark Resources Inc:Says it has been awarded Lot 1 and Lot 3 of a recent restricted tender by Sonatrach to provide drilling fluids and related services in Algeria.Award remains subject to final approval by Sonatrach, and the execution of contract documents.Maximum value of the two lots of this tender is about $350 mln.Work under this contract is expected to ramp-up beginning in the second half of 2015.  Full Article

BRIEF-Newpark Resources files for mixed shelf of up to $200 mln

* Files for mixed shelf of up to $200 million - sec filing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)