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Canyon Midstream Secures $50MM Facility From Wells Fargo, Others
Friday, September 5, 2014

Lenders/Participants Wells Fargo Securities [Sole Lead Arranger, Sole Bookrunner]
Wells Fargo Bank [Administrative Agent]
Royal Bank of Canada [Syndication Agent]
Structure Credit Facility
Amount $50.000 Million
Borrower(s) Canyon Midstream Partners, LLC
Description A four-year, $50 million credit facility, which can be expanded to $100 million. Proceeds from the credit facility will fund Canyon's expansion plans in the Permian Basin, the Eaglebine play in East Texas and the Tuscaloosa Marine Shale. Transaction details not disclosed.
Industry Energy
Related Tags Royal Bank of Canada, Wells Fargo Bank, Wells Fargo Securities

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