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Talos Energy significantly increases liquidity with expansion of RBL syndicate 03 Aug 2021 DNB ASA to its reserves-based loan ('RBL') syndicate, adding an additional $75 million commitment to the credit facility, resulting in approx. $380 million of pro forma liquidity as of June 30, 2021. DNB has joined the Company's lending syndicate as a Joint Lead Arranger, Joint Bookrunner and Syndication Agent and is the thirteenth commercial bank in the credit facility, the maturity for which was recently extended to November 2024. In June 2021, Talos announced its spring borrowing base redeterminati...

Music Business Worldwide March 2, 2021 Anthem Entertainment has a lot more money at its disposal. The acquisitive Canadian music rights and services company – formerly known as Olé Entertainment – has announced that it has secured a new revolving credit facility of USD $400 million, plus a USD $150 million accordion. (An accordion allows a borrower to incrementally increase the amount of its availability under an existing credit facility.) In addition, the Ontario Teachers’ Pension Plan has pumped an additional undisclosed amount of money into Anthem, taking a bigger equity stake in th...