{"id":955683,"date":"2026-04-28T16:42:20","date_gmt":"2026-04-28T20:42:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/"},"modified":"2026-04-28T16:42:20","modified_gmt":"2026-04-28T20:42:20","slug":"civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/","title":{"rendered":"Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCiveo Corporation (NYSE:CVEO) announced today that it has amended and extended its credit agreement, which governs the Company\u2019s revolving credit facilities. The amendment extends the maturity date of the credit agreement to April 2030 from August 2028 and increases total revolving credit facility capacity to $285 million from $265 million.<\/p>\n<p>\n\u201cThis amendment further strengthens the Company\u2019s liquidity position and financial flexibility,\u201d said Bradley J. Dodson, Civeo\u2019s President and Chief Executive Officer. \u201cWe believe this enhanced credit profile provides Civeo with increased optionality to deploy capital across a range of potentially value-enhancing opportunities, including a growing pipeline of infrastructure-related opportunities in North America, while maintaining balance sheet strength and continuing to execute our share repurchase program. We appreciate the continued support of our lending group.\u201d<\/p>\n<p>\nAdditional information on the terms of the amendment can be found in a separate Current Report on Form 8-K to be filed with the Securities and Exchange Commission today.<\/p>\n<p><span class=\"bwuline\">About Civeo<\/span><\/p>\n<p>\nCiveo Corporation is a leading provider of hospitality services with prominent market positions in the Australian natural resource regions and the Canadian oil sands. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently owns and operates a total of 26 lodges and villages in Australia and North America with an aggregate of approximately 26,500 rooms. In addition, Civeo operates and provides hospitality services at 24 customer-owned locations with approximately 19,500 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.civeo.com&amp;esheet=54524708&amp;newsitemid=20260428819120&amp;lan=en-US&amp;anchor=www.civeo.com&amp;index=1&amp;md5=854cd77833950da751e0343ef6e3495b\">www.civeo.com<\/a>.<\/p>\n<p><span class=\"bwuline\">Forward Looking Statements<\/span><\/p>\n<p>\nThis news release contains forward-looking statements within the meaning of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are those that do not state historical facts and are, therefore, inherently subject to risks and uncertainties. The forward-looking statements herein, including the statements regarding Civeo\u2019s expectations with respect to future plans, capital deployment, share repurchases and liquidity needs, are based on then current expectations and entail various risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Such risks and uncertainties include, among other things, risks associated with the general nature of the accommodations industry, risks associated with the level of supply and demand for oil, coal, iron ore and other minerals, including the level of activity, spending and developments in the Canadian oil sands, the level of demand for coal and other natural resources from, and investments and opportunities in, Australia, and fluctuations or sharp declines in the current and future prices of oil, natural gas, coal, iron ore and other minerals, risks associated with failure by our customers to reach positive final investment decisions on, or otherwise not complete, projects with respect to which we have been awarded contracts, which may cause those customers to terminate or postpone contracts, risks associated with currency exchange rates, risks associated with inflation and volatility in the banking sector, risks associated with the Company\u2019s ability to integrate any future acquisitions, risks associated with labor shortages, risks associated with the development of new projects, including whether such projects will continue in the future, risks associated with the trading price of the Company\u2019s common shares, availability and cost of capital, risks associated with general global economic conditions, geopolitical events, inflation, global weather conditions, natural disasters, including wildfires, global health concerns, and security threats and changes to government and environmental regulations, including climate change, and other factors discussed in the \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d and \u201cRisk Factors\u201d sections of Civeo\u2019s most recent annual report on Form 10-K and other reports the Company may file from time to time with the U.S. Securities and Exchange Commission. Each forward-looking statement contained herein speaks only as of the date of this release. Except as required by law, Civeo expressly disclaims any intention or obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260428819120r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260428819120\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260428819120\/en\/<\/a><\/span><\/p>\n<p>\nRegan Nielsen<br \/>\n<br \/>Civeo Corporation<br \/>\n<br \/>Vice President, Corporate Development &amp; Investor Relations<br \/>\n<br \/>713-510-2400<\/p>\n<p><b>KEYWORDS:<\/b> Texas New York United States North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260428819120\/en\/732963\/3\/Civeo_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030 HOUSTON&#8211;(BUSINESS WIRE)&#8211; Civeo Corporation (NYSE:CVEO) announced today that it has amended and extended its credit agreement, which governs the Company\u2019s revolving credit facilities. The amendment extends the maturity date of the credit agreement to April 2030 from August 2028 and increases total revolving credit facility capacity to $285 million from $265 million. \u201cThis amendment further strengthens the Company\u2019s liquidity position and financial flexibility,\u201d said Bradley J. Dodson, Civeo\u2019s President and Chief Executive Officer. \u201cWe believe this enhanced credit profile provides Civeo with increased optionality to deploy capital across a range of potentially value-enhancing opportunities, including a growing pipeline of infrastructure-related opportunities in North America, while maintaining balance sheet &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-955683","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030 HOUSTON&#8211;(BUSINESS WIRE)&#8211; Civeo Corporation (NYSE:CVEO) announced today that it has amended and extended its credit agreement, which governs the Company\u2019s revolving credit facilities. The amendment extends the maturity date of the credit agreement to April 2030 from August 2028 and increases total revolving credit facility capacity to $285 million from $265 million. \u201cThis amendment further strengthens the Company\u2019s liquidity position and financial flexibility,\u201d said Bradley J. Dodson, Civeo\u2019s President and Chief Executive Officer. \u201cWe believe this enhanced credit profile provides Civeo with increased optionality to deploy capital across a range of potentially value-enhancing opportunities, including a growing pipeline of infrastructure-related opportunities in North America, while maintaining balance sheet &hellip; Continue reading &quot;Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-28T20:42:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260428819120r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030\",\"datePublished\":\"2026-04-28T20:42:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\\\/\"},\"wordCount\":771,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260428819120r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\\\/\",\"name\":\"Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030 - 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The amendment extends the maturity date of the credit agreement to April 2030 from August 2028 and increases total revolving credit facility capacity to $285 million from $265 million. \u201cThis amendment further strengthens the Company\u2019s liquidity position and financial flexibility,\u201d said Bradley J. Dodson, Civeo\u2019s President and Chief Executive Officer. \u201cWe believe this enhanced credit profile provides Civeo with increased optionality to deploy capital across a range of potentially value-enhancing opportunities, including a growing pipeline of infrastructure-related opportunities in North America, while maintaining balance sheet &hellip; Continue reading \"Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-28T20:42:20+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260428819120r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030","datePublished":"2026-04-28T20:42:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/"},"wordCount":771,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260428819120r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/civeo-corporation-amends-credit-agreement-increasing-capacity-and-extending-maturity-to-2030\/","name":"Civeo Corporation Amends Credit Agreement, Increasing Capacity and Extending Maturity to 2030 - 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