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Published on 9/3/2014 in the Prospect News Bank Loan Daily.

Memorial Production to repay revolving credit facility via unit proceeds

By Tali Rackner

Norfolk, Va., Sept. 3 – Memorial Production Partners LP plans to repay a portion of the outstanding borrowings under its revolving credit facility with the proceeds from a common unit offering, according to a press release.

Memorial Production is a Houston-based upstream master limited partnership focused on oil and gas development.


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