Cypress gets $75 million borrowing ability

 

Oklahoma’s Cypress Environmental Partners, L.P. made a new credit agreement for up to $75 million of borrowing from Deutsche Bank AG.

In a filing this week with the Securities and Exchange Commission, the company said it was an amended agreement originally made in May of 2018.

The credit agreement matures May 31, 2022 and prohibits the company from redeeming or repurchasing its equity interests.

Click here for filing with SEC.

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