09:49 AM EST - Forbes Energy Services Ltd. : announced today that on September 9, the Company and certain of its subsidiaries entered into a five-year asset based revolving credit facility with Regions Bank and certain other lenders, which is secured by substantially all of the Company's assets. The credit facility provides for initial borrowing availability of up to $75 million, subject to certain maximum borrowing base restrictions as defined in the credit facility agreement. Forbes Energy Services Ltd.
shares T.FRB are trading even at $7.98.
