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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wells Fargo Agents Oasis Petroleum Facility Increase to $1.25 Billion
Wednesday, April 10, 2013
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Lenders/Participants
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Wells Fargo Bank [Administrative Agent]
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Structure
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Revolving Credit Agreement Restatement & Increase
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Amount
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$1.250
Billion
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Borrower(s)
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Oasis Petroleum
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Description
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The revolving credit facility was increased from a $750MM to $1.25 billion borrowing base. However, the Company elected to limit the lenders' aggregate commitment to $900 million. The lenders' aggregate commitment can be increased to the full $1,250 million borrowing base by increasing the commitment of one or more lenders. As part of the amendment, the overall credit facility increased from $1 billion to $2.5 billion.
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Industry
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Energy
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| Related Tags |
Wells Fargo
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ABL Advisor
Deal Tables
2025
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