Civeo enters $200M revolver and C$100M term loan, maturing Sept 2025

Civeo Corp

$200M 4-year revolver ($155M US, $10M US sub, $35M AU) plus C$100M Canadian term loan.
At closing, C$100M term loan fully drawn; $135.4M outstanding under revolver.
Interest: LIBOR/B/A/BBSY + 3.00%-4.00% or base + 2.00%-3.00%; leverage and coverage covenants.
Replaces prior credit agreement dated April 2, 2018.
Matures Sept 8, 2025; quarterly C$10M amortization on term loan.

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