Edition:
United States

Concho Resources entered second amendment to its second amended and restated credit agreement


Thursday, 13 Apr 2017 06:29am EDT 

Concho Resources Inc : Concho Resources - on April 12, Concho Resources entered second amendment to its second amended and restated credit agreement dated as of May 9, 2014 . Concho Resources - second amendment to credit agreement extends maturity date of company's credit facility from May 9, 2019 to May 9, 2022 . Concho Resources - second amendment increases co's current borrowing base under second amended and restated credit agreement from $2.8 billion to $3.0 billion .Second amendment also decreases aggregate amount of lender commitments from $2.5 billion to $2.0 billion.