Total Energy Services announces that Savanna Energy Services Corp., a wholly-owned subsidiary of Total Energy, has purchased $39.6 million aggregate principal amount of 7 percent senior unsecured notes of Savanna due May 2018 that were tendered to Savanna's change of control offer made on April 24, 2017 at a price of 101% of the aggregate principal amount tendered. Including accrued and unpaid interest, the total [...]
Total Energy Services and Savanna Energy Services announced today that Total Energy has completed its acquisition of Savanna. Earlier today, at a special meeting held in Calgary, Alberta, the holders of common shares of Savanna overwhelmingly approved the amalgamation of Savanna and 2043324 Alberta Ltd., a wholly-owned subsidiary of Total Energy, with 99.99% of shares voted cast in favor of the Amalgamation. Articles of [...]
Total Energy Services Inc. ("Total" or the "Company") (TSX:TOT) announced today that it has agreed to terms on $225 million of revolving credit facilities (collectively, the "Credit Facility") with a syndicate of lenders led by HSBC Bank Canada. The Credit Facility is expected to become effective on June 20, 2017, at which time it will replace the Company's existing $65 million credit facility and the $150 million credit [...]
Total Energy Services announces that its Board of Directors has declared a quarterly dividend of $0.06 per common share for the quarter ending June 30, 2017 on Total's outstanding common shares. The dividend is payable on July 31, 2017 to shareholders of record at the close of business on June 30, 2017. The ex-dividend date is June 28, 2017. Total is a growth oriented energy services corporation involved in contract [...]
Savanna Energy Services and Total Energy Services announced today that they have entered into an amalgamation agreement with 2043324 Alberta, a wholly-owned subsidiary of Total Energy, under which Savanna will amalgamate with 2043324, with the amalgamated entity becoming an wholly-owned subsidiary of Total Energy. The Amalgamation, which is subject to the approval of the holders (the "Savanna Shareholders") of common [...]
+1400,00 %
-40,00 %