Saturn Oil & Gas secures $150 million credit facilities led by National Bank of Canada

Company

Saturn Oil & Gas Inc.

Law Firm / Organization
Dentons Canada LLP

Bank

National Bank of Canada

Law Firm / Organization
Blake, Cassels & Graydon LLP

On June 14, 2024, Saturn Oil & Gas Inc. secured CAD $150 million in revolving credit facilities led by National Bank of Canada, with ATB Financial and Goldman Sachs Bank USA also participating. The facility, designed for general corporate purposes, includes multiple borrowing options and a borrowing base structure. Dentons Canada LLP advised Saturn, while Blake, Cassels & Graydon LLP represented National Bank of Canada as agent for the lenders.

Financing/Investment
Energy
$ 150,000,000
Closed
14 June 2024