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Stock impact report

Talos Energy Announces Credit Facility Borrowing Base Reaffirmation and Maturity Extension [Yahoo! Finance]

Talos Energy, Inc. (TALO) 
Last talos energy, inc. earnings: 3/11 06:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
and Restated Credit Agreement which reaffirms the Company's borrowing base at $700 million and extends the maturity date to January 20, 2030. Talos remains committed to maintaining a resilient balance sheet that prioritizes financial flexibility to execute our strategy, invest in high-return projects, and navigate commodity price cycles. "This successful outcome is a strong vote of confidence from our lender group, and we appreciate their support," said Paul Goodfellow, President and Chief Executive Officer of Talos. "The maturity extension through the end of the decade and reaffirmation of our borrowing base underscore the quality of our asset base, our disciplined capital allocation strategy, and our commitment to balance sheet strength. This transaction helps ensure our long-term access to capital to execute our strategy and deliver long-term value for our shareholders." ABOUT TALOS ENERGY Talos Energy (NYSE: TALO) is a technically driven, innovative, independent energy compa Show less Read more
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