06:14 AM EDT, 07/23/2026 (MT Newswires) -- Serica Energy (SQZ.L) said Thursday it signed a new $750 million loan package to replace its current $525 million reserves-based lending facility. The new six-year, senior secured reserves-based lending facilities are comprised of a $500 million secured revolving loan facility and a $250 million secured revolving letter of credit facility backed by 11 international banks. The oil and gas company said it can also tap another $750 million through an accordion option.

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