NGP Capital Resources extends secured revolver to 2014, lifts pricing

By Marisa Wong

Madison, Wis., Sept. 26 - NGP Capital Resources Co. amended its Treasury secured revolving credit agreement to extend the commitment expiration date by one year to Sept. 24, 2014 and to increase pricing to Libor plus 150 basis points, according to an 8-K filing with the Securities and Exchange Commission.

NGP entered into the fourth amendment to its secured revolver dated March 31, 2011 with SunTrust Bank as administrative agent on Tuesday.

NGP is a Houston-based management investment company that invests primarily in small and mid-sized private energy companies.

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