Roan Resources Inc.

Description

Completed its Fall 2018 borrowing base redetermination process for its credit facility, maturing in September of 2022. All participating lenders consented to a borrowing base increase to $675 million, from $425 million. Additionally, the lender group agreed to amend the pricing grid to a LIBOR spread of 200 to 300 basis points, which is lower by 25 basis points. Also amended were certain reductions to fees relating to undrawn amounts.

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Companies
Estimated Price
$675.0MM
Financing Type
Report Date