From Earlier: Concho Resources Increases Credit Facility to $2.5 Billion
Concho Resources Inc. (NYSE: CXO) yesterday announced that the Company amended its credit facility, increasing the aggregate lender commitments from $2.0 billion to $2.5 billion, equal to its $2.5 billion borrowing base. At March 31, 2012, Concho had approximately $185 million outstanding under its credit facility.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.