Vaquero Midstream closes on $200 million revolving credit facility

By Cady Vishniac

Detroit, Nov. 10 – Vaquero Midstream LLC closed on a $200 million revolver on Oct. 29, according to a company press release.

The deal extends the commitment of the original facility for two years, to December 2023.

The bank group for the revolver has been expanded to add new participants, and BOK Financial is now the lead arranger.

Proceeds will be used for general corporate purposes, including funding capital expenditures, working capital and operating expenses.

Dallas, Tex.-based Vaquero Midstream offers midstream gathering, treating, processing, compression, liquids handling and transmission services to oil and gas producers.

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