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Thursday, 09/17/2020 10:15:17 AM

Thursday, September 17, 2020 10:15:17 AM

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Just In: $ENSV Enservco Signs Non-Binding Letter of Intent with Lender to Amend its Senior Revolving Credit Facility for Substantial Debt Reduction, New Working Capital Revolver and Equity

Total bank debt would be reduced from approximately $33 million to approximately $17 million Bank would receive eight million shares of Enservco restricted common stock and warrants for 15 million shares of common stock in exchange for debt reduction   Debt reduction would ...

Got this from ENSV - Enservco Signs Non-Binding Letter of Intent with Lender to Amend its Senior Revolving Credit Facility for Substantial Debt Reduction, New Working Capital Revolver and Equity
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