Crestwood Midstream Partners II LLC - 2010-10-04
Crestwood Midstream Partners II LLC, an affiliate of Mesa, Ariz.-based Crestwood Holdings LLC, has arranged for a new Quicksilver Gas Services credit facility. The $400-million, five-year revolving credit facility became effective following the closing of Crestwood's $701-million aquisition of Quicksilver Gas Services LP (NYSE: KGS), previously held by Quicksilver Resources Inc., Fort Worth, (NYSE: KWK) on Oct. 1. BNP Paribas Securities Corp., Banc of America Securities LLC and RBC Capital Markets are joint lead arrangers and joint book runners. BNP Paribas is also administrative agent, and Bank of America N.A. and RBC Capital Markets are syndication agents.