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Vanguard Natural to repay reserve-based loan with preferred proceeds
By Tali Rackner
Norfolk, Va., Sept. 10 – Vanguard Natural Resources, LLC plans to repay a portion of the debt outstanding under its reserve-based credit facility with the proceeds from a preferred unit offering, according to a 424B3 filing with the Securities and Exchange Commission.
The oil and gas company is based in Houston.
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