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home / news releases / OEC - Orion Engineered Carbons expands revolving credit facility by Euro100M


OEC - Orion Engineered Carbons expands revolving credit facility by Euro100M

Orion Engineered Carbons (NYSE:OEC) said Tuesday it added €100M to its senior secured revolving credit facility, which expands the facility to €350M. "In light of current volatility within the global energy markets, we feel it is prudent to increase our revolving credit facility. We believe this will cover our working capital needs up to an oil price of about $200/barrel," said OEC CFO Jeff Glajch.

For further details see:

Orion Engineered Carbons expands revolving credit facility by €100M
Stock Information

Company Name: Orion Engineered Carbons S.A
Stock Symbol: OEC
Market: NYSE
Website: orioncarbons.com

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