Devon Energy Corp. - 2013-12-16

Description

Secured a senior unsecured loan from Morgan Stanley Senior Funding split into a $1 billion three-year term loan and a $1 billion five year term loan. Proceeds will be used for its Eagle Ford acquisition from GeoSouthern Energy Corp. The loan will be terminated if the acquisition fails.

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Companies
Estimated Price
$2,000.0MM
Financing Type
Report Date