Eagle Rock Energy Partners LP - 2011-06-23
Description
The company has entered into a five-year senior secured credit facility with a syndicate of banks led by Wells Fargo NA as administrative agent, Bank of America NA and Royal Bank of Scotland plc as co-syndication agents, and BNP Paribas as documentation agent. Initial commitments totaled $675 million, with the ability to increase commitments up to $1.2 billion.
The facility, which matures in June 2016, replaces Eagle Rock's former senior secured credit facility, which was scheduled to mature in December 2012.