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Published on 12/13/2022 in the Prospect News Private Placement Daily.

BJ Energy signs $100 million ABL facility with Eclipse Business

By William Gullotti

Buffalo, N.Y., Dec. 13 – BJ Energy Solutions closed on a new $100 million ABL revolver via Eclipse Business Capital on Tuesday, according to a press release.

The facility was fully committed at signing and will be used to refinance existing debt, to fund construction of the company’s next generation Titan fleets and for general corporate purposes including working capital.

BJ Energy Solutions, formerly known as BJ Services Co., is a Texas-based company specializing in fracturing services and other services related to oil and gas exploration and production.


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