New Source Energy lifts agreement borrowing base to $87.5 million

By Tali David

Minneapolis, Nov. 4 - New Source Energy Partners LP entered into a third amendment to its credit agreement on Oct. 29, increasing the borrowing base under the agreement to $87.5 million from $75 million, according to an 8-K filed with the Securities and Exchange Commission.

The amendment also adds CIT Finance LLC as a lender.

Bank of Montreal is the administrative agent, and Associated Bank, NA is the syndication agent on the agreement.

Kindred Healthcare is a Louisville, Ky.-based health care services company. Senior Home Care is a provider of home health in Florida and Louisiana.

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