Production Lending LLC

Description

Production Lending LLC recently closed on a debt investment in a historic Texas oil field, said the Houston-based specialty finance capital provider catering to small oil and gas companies.

According to a July 29 release, a private oil and gas company backed by Chahta Equity Partners Ltd. received the $4.5 million bridge loan for deployment in the Raccoon Bend Field in Texas. Production Lending said it closed and funded the loan on July 24.

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Companies
Estimated Price
$4,500.0MM
Financing Type
Report Date