TSX:MEROil and Gas
Meren Energy (TSX:MER) Valuation Check After Refinanced US$600 Million Lending Facility
Meren Energy (TSX:MER) has put fresh attention on its stock after refinancing its reserves based lending facility, adding debt capacity, extending maturities, and trimming margins on a revolving US$600 million structure.
See our latest analysis for Meren Energy.
The refinancing news has arrived alongside a strong run in the stock, with a 1-day share price return of 6.17% and a 90-day share price return of 35.39%. The 5-year total shareholder return of 156.17% contrasts with a 3-year total...