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BRIEF-Pioneer energy announces advanced discussions regarding a new $175 mln senior secured term loan
November 2, 2017 / 12:12 PM / 19 days ago

BRIEF-Pioneer energy announces advanced discussions regarding a new $175 mln senior secured term loan

Nov 2 (Reuters) - Pioneer Energy Services Corp

* Pioneer Energy announces advanced discussions regarding a new $175 million senior secured term loan and commitment letter for $75 million asset-based lending facility

* Pioneer Energy Services Corp - ‍Currently expect to close term loan and ABL facility in November 2017​

* Pioneer Energy Services - ‍Received commitment letter from lender on proposed $75 million five-year senior-secured revolving asset-based lending facility​ Source text for Eikon: Further company coverage:

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