SemGroup completes more than $2 billion credit facility

By Sara Rosenberg

New York, Dec. 20 - SemGroup LP closed on transactions that boosted its credit facility to more than $2 billion, according to a company news release.

Banc of America Securities LLC acted as the bookrunner on the deal. Lead lenders include Bank of America, BNP Paribas, Bank of Montreal, Bank of Oklahoma and The Bank of Nova Scotia.

SemGroup is a Tulsa, Okla., privately held limited partnership that provides midstream services to North America's energy industry.

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