Factbox: Struggling Canadian energy companies deal with debt pressure

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Factbox: Struggling Canadian energy companies deal with debt pressure
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Canadian energy companies have some C$6 billion ($4.42 billion)in refinancing needs this year, the Bank of Canada says.

FILE PHOTO: Signs warning of the presence of oil pipelines are seen on a fence at"Refinery Row" outside facilities run by Enbridge, Kinder Morgan and Suncor in Sherwood Park near Edmonton, Alberta, Canada November 13, 2016. REUTERS/Chris Helgren/File Photo

Bonavista Energy Corp : Recapitalized in June in a debt for equity swap that resulted in the company going private. AltaGas Ltd : Two 2020 maturities total around C$980 million . 2020 refinancings include one in April and June .Enbridge Inc : Five maturities between July and December. Four total C$750 million and one is worth $300 million.

 

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