Endeavour International Corp. (NYSE: END) will refinance its existing revolving credit facility and two reimbursement agreements with new credit facilities, the company said Jan. 6.
The company is discussing new credit facilities with prospective lenders, it said, adding that terms will be disclosed when the refinancing is complete. The company is uncertain whether new credit facilities will be put in place, it cautioned.
Credit Suisse (NYSE: CS) is assisting the company with the marketing process, the company said.
Endeavour International is an oil and gas E&P, operating internationally, focused on North Sea and United States energy reserves. It is based in Houston.
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