 | Husky Energy Inc. - HSE.t is one of Canada's largest integrated energy companies. The company's foundation in heavy oil and Western Canada supports major growth opportunities in the Asia Pacific Region, the Oil Sands and the Atlantic Region. |  |
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On March 9, 2016 the company released News
"Husky Energy (TSX: HSE) has renewed a $2 billion syndicated credit facility, with a maturity date extension to March 2020.
The extension of the credit facility with existing lenders is aligned with the Company's objectives to strengthen its financial flexibility through the current commodity price environment.
With $4 billion in committed credit lines, of which $2.4 billion is undrawn, Husky has a strong liquidity position. The total includes the renewed $2 billion credit facility, extended from 2016 to 2020, and a second $2 billion credit facility with a maturity date of mid-2018.
Husky recently had its investment grade credit rating reaffirmed by all major rating agencies and has no major bond maturities until 2019.
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