Brazos Delaware LLC

Description

Subsidiary of Brazos Midstream Holdings LLC completed expansion of its accordion senior credit facility through commitments from syndicate of banks. Funds support Brazos’ expansion of crude and natural gas gathering and processing systems in the southern Delaware Basin. BOK Financial and Cadence Bank were joint lead arrangers of the facility, which was syndicated to a total of nine banks. Other participants include ABN Amro, Amegy Bank, BBVA Compass, Iberia Bank, JP Morgan, Wells Fargo and West Texas National Bank. Harris Finley Bogle was Brazos’ legal counsel. Thompson & Knight was legal counsel to lenders.

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Estimated Price
$150.0MM
Financing Type
Report Date