Hallador energy announces actions to improve liquidity amid covid-19
Hallador energy announces actions to improve liquidity amid covid-19.hallador energy co - expecting lower sales of 6.5 million tons in 2020 versus prior guidance of 6.7 million tons.hallador energy co - amended credit agreement to increase its allowable leverage ratios, providing approximately $50 million in liquidity.hallador energy co - suspended its quarterly dividend indefinitely.hallador energy co - suspended quarterly dividend indefinitely.hallador energy co - received approval for a $10 million loan at a 1% interest rate under federal paycheck protection program.hallador energy co - under terms of cares act, expects at least 80% of loan to be forgiven by maintaining current staffing levels through june 30.hallador energy co - received approval for a $10 million loan at a 1% interest rate under federal paycheck protection program.hallador energy co - company anticipates shipments being weighted towards second half of year.hallador energy co - amended its credit agreement to increase its allowable leverage ratios, providing approximately $50 million in liquidity.
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