Memorial Resource Development Corp. - 2015-09-21
Description
Increased the borrowing base of its senior secured revolving credit facility to $1 billion from $725 million, after completing its mid-year reserves review and regular semi-annual redetermination. As of June 30, it had $560 million of available borrowing capacity. Proceeds will be used to finance the acquisition of acreage in North Louisiana, working capital and its capex.
Companies
Estimated Price
$1,000.0MM
Financing Type
Report Date