Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Energy International Ltd. > News item |
Covey Park to repay term loan, revolver debt via new note offering
By Tali Rackner
Minneapolis, April 24 – Covey Park Energy LLC plans to fully repay and terminate its term loan facility and repay a portion of amounts outstanding under its revolving credit facility using the net proceeds from a new note offering, according to a press release.
The company announced on Monday that it intends to offer $450 million of senior unsecured notes due 2025.
Covey Park is a Dallas-based independent oil and gas exploration and production company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.