Hallador Energy Secures $140M Credit Facility, Increasing Liquidity To $56.9M
Portfolio Pulse from Benzinga Newsdesk
Hallador Energy has secured a $140M credit facility, which has increased its liquidity to $56.9M.

August 04, 2023 | 12:36 pm
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POSITIVE IMPACT
Hallador Energy's new $140M credit facility has increased its liquidity to $56.9M, potentially strengthening its financial position.
The new credit facility provides Hallador Energy with increased liquidity, which could be used to fund growth initiatives, repay debt, or weather financial downturns. This could potentially lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100