A large portion of Baytex's debt, including its US$575 million credit facility, of which 50% remains undrawn, and a $300 million bridging loan secured against the assets of Raging River is due to mature in June 2020. There are further material debt maturities in 2021 and 2022 totaling US$550 million and $300 million, respectively, which will place further pressure on the driller and could trigger a liquidity crisis if Baytex is unable to bolster its cash holdings.