Coffeyville Resources credit facility to launch Tuesday

By Sara Rosenberg

New York, Nov. 30 - Coffeyville Resources LLC is scheduled to hold a bank meeting on Tuesday to launch its proposed credit facility, according to a market source.

Goldman Sachs and Credit Suisse are the lead banks on the deal, with Goldman the left lead.

Proceeds will be used for a recapitalization that will include refinancing the existing $275 million second-lien term loan with first-lien debt, the source added.

Coffeyville Resources is a Kansas City, Kan., supplier of petroleum and nitrogen fertilizer products.

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