Magnum Hunter Resources Corp. - 2011-07-13

Description

The company has reported that the company's borrowing base under its $250 million senior secured revolving credit facility has been increased by $25 million from $145 million to $170 million.

Bank of Montreal serves as the Administrative Agent under the facility, with Capital One NA serving as the Syndication Agent, and Amegy Bank National Association, KeyBank National Association and UBS Securities LLC serving as Documentation Agents. BMO Capital Markets serves as Lead Arranger and Sole Bookrunner. Participating banks include Citibank NA, Credit Suisse AG, Deutsche Bank Trust Company Americas, and Union Bank NA.

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Estimated Price
$170.0MM
Financing Type
Report Date