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SELECTED TRANSACTION DETAILS
Citizens Bank Provides $300MM Senior Credit Facility for Moda Midstream
Friday, April 30, 2021

Lenders/Participants Citizens Bank [Left Lead Arranger]
Structure Senior Credit Facility
Amount $300.000 Million
Borrower(s) Moda Midstream
Description The new credit facility will be used to refinance existing debt and enhance liquidity to support the company’s growth plans. Citizens also supported Moda’s 2018 acquisition of the Ingleside Energy Center from Occidental Petroleum. Transaction details not disclosed.
Industry Infrastructure
Location TX
Related Tags Citizens Bank




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