Meritage Midstream Services II LLC - 2014-02-04
Description
Entered into a three-year term revolving credit facility with a $50 million accordion feature and the ability to increase capital commitment to $175 million. Proceeds will be used to support its growth strategy of midstream assets in Wyoming's Powder River Basin. Deutsche Bank Trust Co. Americas was administrative agent. Deutsche Bank AG, Citibank NA, Royal Bank of Canada, and The Royal Bank of Scotland Plc were joint lead arrangers and lenders.
Companies
Estimated Price
$125.0MM
Financing Type
Report Date